AXA To Sell Advest
By Staff WriterMerrill Lynch & Company Inc. has agreed to acquire Advest Group Inc., an investment firm, from AXA Financial for $400 million in cash.[@@]MONY Group ...
September 14, 2005
MIB To Help Relatives Find Life Policies Lost In StormsMIB Group Inc. will be looking into its vast life insurance application database to help relatives of Hurricane Katrina victims and Hurricane Rita victims ...
September 14, 2005
disabilitygraphicABThe TermsRequired Changes In UnumProvident DI Practices In California? Discretionary authority: The company can no longer use "discretionary clauses" that appear to give it ...
September 14, 2005
Life Valuation Rate Decline Opens Product OpportunitiesDue to market interest rates generally declining over the past five years, the maximum valuation interest rate for calculating statutory reserves for life insurance ...
September 14, 2005
Companies Announce Genworth MovesGenworth Financial Inc. and its parent, General Electric Company, plan to get cash from investors.[@@]Genworth, Richmond, Va., says it wants to borrow $350 million ...
September 14, 2005
Feds Decline To Expand Katrina Sponsor ReliefThe U.S. Treasury Department says there are limits on how generous it will be toward employers that want to use Hurricane Katrina as an ...
September 14, 2005
NASD Fines 3 Firms For Market Timing TransactionsWashingtonThe National Association of Securities Dealers, in a new disciplinary effort, has fined three firms and a broker at each of them for market ...
September 14, 2005
MIB: Application Activity Drops AgainU.S. life insurers continued to have a hard time reaching consumers in August.[@@]The MIB Group Inc., Westwood, Mass., says U.S. life insurers checked 3.1% ...