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Life Insurer Surplus Drops $77 Billion, Erasing Gain (Update3) - BloombergJan. 8 (Bloomberg) -- U.S. life insurers , led by MetLife Inc. and Prudential Financial Inc. , lost $76.8 billion in surplus in 2008 on investment declines and costs guaranteeing retirement products, erasing six years of gains, Conning & Co. said ...
Life Insurer Surplus Drops $77 Billion - AZCentral.comJan. 8 -- U.S. life insurers, led by MetLife Inc. and Prudential Financial Inc., lost $76.8 billion in surplus in 2008 on investment declines and costs guaranteeing retirement products, erasing six years of gains, Conning & Co. said. Statutory ...
Park National Bank receives top ranking - Newark AdvocateNEWARK — Park National Bank received a No. 1 ranking for community banks in central Ohio, according to Columbus Business First’s annual Book of Lists. The bank also ranked No. 1 in the same category last year. Park’s other rankings and ...
Ex-Branchburg dentist linked to fraud loses license - MyCentralJersey.comNEWARK — The State Board of Dentistry has yanked the license of a former Branchburg dentist who had been sentenced to federal prison in connection with a Ponzi scheme that bilked investors out of more than $30 million. The Board of Dentistry on Dec ...
Real-Time News - Newark Star-Ledger• Newark Police Department's 114th Graduation Ceremony • Newark Police Department's 114th Graduation Ceremony • Newark Police Department's 114th Graduation Ceremony Gov. Jon Corzine today released details of $812 million in emergency spending ...
In 2008, insurers weathered financial storm - Pottstown MercuryCHARLOTTE, N.C. — Storms weren't the only thing that battered insurance companies in 2008, and the new year could be just as tough. Perhaps the biggest event to shake the industry in 2008 was the sudden collapse of American International Group Inc ...
For the new year, Corzine pledges to help get state through troubled ... - Newark Star-LedgerTough times face New Jersey in 2009, but Gov. Jon Corzine today made a New Year's pledge to do everything in his power to get the state and its people through the difficult period. Speaking at the Essex County government reorganization meeting in ...
Pension-payment deferral / Digging a deeper hole - Atlantic City PressWhen does it stop? For years, financial experts have sounded alarms about shortfalls in the state pension fund. Yet the state continued underfunding the accounts and failed to significantly ratchet back benefits for new employees. The problem ...
Governor vetoes Demo budget proposal - Modesto BeeSACRAMENTO — State budget negotiations collapsed Tuesday in a war of words and a round of vetoes, as Gov. Schwarzenegger rejected a Democratic deficit reduction plan that fell short of meeting his demands. The move forces state leaders to ...
Financial Crisis Answer Center - Smart MoneyFinancial Resolutions for the New Year The Pros and Cons of Buying a Car Now Fund Managers Share Lessons From Crash QUESTION : I carry a large balance on my Chase card. Previously my interest rate was at prime all round, inclusive of cash advances. I ...
Today's Mortgage Terms starting with V
VA Loans: Fixed-rate loans guaranteed by the U.S. Department of Veterans Affairs for the purpose of making housing affordable to eligible U.S. veterans.
Variable Rate: Interest rate that changes periodically in relation to a specific index such as treasury bills and the prime rate.
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