Pru: Most Fear Retirement Health Costs
By Trevor ThomasU.S. residents are doing little to prepare for paying either for acute health care or for long term health care in retirement.[@@]Researchers at Prudential ...
July 21, 2005
American General Veteran To Lead AXA Equitable LifeAXA Financial Inc. has hired John Graf to be vice chairman of the company and president of the company's AXA Equitable Life Insurance Company ...
July 21, 2005
Jury Awards $700 Million In Eecutive Life Punitive DamagesA U.S. District Court jury in Los Angeles has awarded $700 million in punitive damages but no actual damages in connection with the failure ...
July 21, 2005
English And DeMicco Rise At New York LifeNew York Life Insurance Company has promoted 2 legal affairs executives.[@@]Thomas English will succeed Sheila Davidson as senior vice president and general counsel, and ...
July 21, 2005
SEC Requires Separate Tags For Separate AccountsThe U.S. Securities and Exchange Commission wants manufacturers of variable annuities and variable life contracts to help it distinguish between the electronic filings of ...
July 21, 2005
Chicago Firm Organizes Small Business Benchmarking SurveyGCG Financial Inc. is sponsoring a free, Web-based employee benefits cost survey for Chicago-area employers with 2 to 100 employees.[@@]Owners and managers who participate ...
July 21, 2005
Lawsuit: Hedge Funds Helped Lazard Inflate Its IPO PriceNEW YORK (HedgeWorld)--A plaintiffs' law firm filed a class action July 15 against Lazard Ltd., various named individuals and Goldman Sachs, claiming that the defendants artificially inflated Lazard's price at its initial public offering in May 2005 in a scheme said to have involved (unnamed) hedge funds. The lawsuit, filed...
July 21, 2005
Perot To Pay Up To $83 Million For TAGPerot Systems Corp. has agreed to pay at least $65 million in cash to acquire Technical Management Inc., the parent of Transaction Applications Group.[@@[Perot, ...