Penn Treaty American’s reinsurer has withdrawn its agreement to back long term care policies written by two subsidiaries.
Catherine J. Weatherford replaces Mark Mackey, who in January announced that he would step down from the post.
Don Saxon leaves amid allegations that his agency let thousands of convicted criminals work in the mortgage business.
The index of leading indicators, which gauges the economic outlook for the next three to six months, fell 0.7%.
The New York-based firm has chosen Vanessa A. Wittman as its new finance chief and executive vice president.
Beginning Oct. 15, Merrill Lynch will buy back about $2.1 billion in auction rate securities.
Limra International Inc. today added Lawrence J. Niland to its compliance and regulatory services division.
Attorney General Andrew Cuomo this afternoon announced settlements with Merrill Lynch, Goldman Sachs and Deutsche Bank on the sale auction rate securities.
LandCap Partners has announced plans to buy $40 million of troubled land and construction loans from Wachovia Corp.