Willis Group Holdings, the London-based insurance broker, is talking takeover with Marsh & McLennan, CNBC reported.
President George W. Bush proposed $145 billion in tax relief and other incentives to revive a sputtering economy.
The index of leading indicators decreased by 0.2% in December, according to The Conference Board.
Haier New York Life, a joint venture between the New York-based insurer and China’s Haier Group, today opened a branch in Wuhan.
David M. Johnson, executive vice president and finance chief of The Hartford, will resign in mid-2008.
Wilmington Trust's earnings fell 7% and LaBranche posted a net-income loss of 54%.
Ex-AIG chief Maurice R. Greenberg and his investment firm have retained an adviser to review their stake in the insurer.
Cconstruction began on 1.353 million new homes and apartments in 2007, the lowest number since 1993.
TD Ameritrade’s net income increased 65% on client assets and greater trading activity.
Twenty-eight percent of the RIA firms surveyed have experienced growth of more than 100%.
The Fed chief warned, however, that a stimulus package provided at the wrong time could prove "counterproductive."
JPMorgan Chase said forth-quarter profit fell 34% after the firm posted a $1.3 billion write-down on subprime mortgages.
The number of mortgage applications filed increased by 28.4% for the week ended Jan. 11.
U.S. consumer prices rose 0.3% in December of 2007, followoing an 0.8% bump in November, the largest of 2007.
“The NAIC investigated itself with an attorney who used to work for the insurers,” said the Life Insurance Settlement Assoc. chief.
Doug Townsend has been the vice president and controller of both entities since January 2004.
Producer prices were up 6.3% in 2007, the largest full-calendar-year rise since 7.1% in 1981.
Incentive stock options are thought of more favorably than non-qualified stock options because ISOs can create capital gains while NQOs create ordinary income.
The Interstate Insurance Product Regulation Commission today added two new regulators.
Many financial advisers are in a mood to buy stocks despite the drubbing their portfolios have taken in the first few trading sessions of 2008.
