Insurance NewsInsurance news continually updated from thousands of sources around the net.ING Direct Review- August 15, 2008 Several years ago, ING Direct made a name for themselves when they introduced the Orange Savings Account.http://www.topix.net/business/insurance/2008/08/ing-direct-review?fromrss=1 UnitedHealth settlement heads back to federal judge- August 15, 2008 A backdating settlement announced late last year between shareholders suing on behalf of UnitedHealth Group and its former chief executive William McGuire will move forward to a federal court for approval.http://www.topix.net/business/insurance/2008/08/unitedhealth-settlement-heads-back-to-fede... ING profit drops as investments fall- August 14, 2008 ING Groep NV, the biggest financial-services company in the Netherlands, said second-quarter profit dropped 25% as investment earnings at the wholesale-banking and insurance units declined.http://www.topix.net/business/insurance/2008/08/ing-profit-drops-as-investments-fall?fromr... QBE Buys PMI's Asian, Australian Mortgage Insurance Unit for $896 Million- August 14, 2008 QBE Insurance Group Ltd. agreed to buy PMI Group Inc.'s Asian and Australian businesses for A$1.03 billion , a week after the U.S. mortgage insurer posted a fourth consecutive quarterly loss.http://www.topix.net/business/insurance/2008/08/qbe-buys-pmis-asian-australian-mortgage-in... Charges Add to Conseco's Red Ink- August 14, 2008 Conseco Inc. reported a widened second-quarter loss on charges related to its plan to transfer its long-term health-insurance unit to an independent trust.http://www.topix.net/business/insurance/2008/08/charges-add-to-consecos-red-ink?fromrss=1 Fairfax Financial puts money on toymaker as part of broader unconventional bids- August 14, 2008 Fairfax Financial Holdings Ltd. is shifting some of its attention from a traditional focus on insurance, putting money on beaten-down companies with strong potential in hopes it will turn a big profit in the ...http://www.topix.net/business/insurance/2008/08/fairfax-financial-puts-money-on-toymaker-a... MEGA Brands comments on TSX listing review - Shares continue to trade in the ordinary course- August 14, 2008 As announced on August 11, 2008 MEGA Brands Inc. stated its plan to issue $75 million of convertible debentures to an investor group led by Fairfax Financial Holdings Ltd.http://www.topix.net/business/insurance/2008/08/mega-brands-comments-on-tsx-listing-review... ING Q2 Net falls 25% to $2.86 Billion- August 13, 2008 Dutch financial group ING reported a quarterly net profit that beat estimates on Wednesday as investments fell less than expected, and its underlying insurance and banking business remained solid.http://www.topix.net/business/insurance/2008/08/ing-q2-net-falls-25-to-2-86-billion?fromrs... ING Sees Banking Success but Lower Profits- August 13, 2008 ING Groep NV, the Dutch insurer and bank, said Wednesday its second quarter earnings fell 25 percent, mostly due to smaller gains on investments.http://www.topix.net/business/insurance/2008/08/ing-sees-banking-success-but-lower-profits... H&R Block selling its Financial Advisors business- August 13, 2008 H&R Block Inc., the nation's largest tax preparer, on Tuesday signed a definitive agreement to sell its Financial Advisors business to Ameriprise Financial Inc.http://www.topix.net/business/insurance/2008/08/h-r-block-selling-its-financial-advisors-b... |