Owners of Toyota vehicles have been on red alert for the last few weeks after it was revealed that Japanese car manufacturers Toyota would be recalling a batch of its vehicles due to complaints over accelerator issues that has naturally created a serious safety issue.
In a health-care speech near Philadelphia today, President Obama took on the insurance companies, warning that the industry has made a collective decision to drive rates up even if it means that more people and more companies have to drop their coverage.
American International Group Inc. and MetLife Inc. agreed to a widely anticipated $15.5 billion deal for AIG’s second-largest foreign life-insurance business.
MetLife Inc.’s $15.5 billion pact to acquire a big life-insurance business from American International Group Inc. propels the company into an elite club of global insurers, vastly expanding its geographical reach from its U.S. base and highlighting the importance of Asia in growth plans for the industry.
Auto insurance is a requirement that you can not afford to be without. If you doubt that, just turn on the news and see what sort of troubled Toyota’s been getting into lately. Regardless of whose fault it is, cars have a tendency to malfunction and break down.
LONDON (Dow Jones)–U.K. insurer Prudential PLC (PRU.LN) said Monday it expects cost savings of around $340 million a year from a planned acquisition of American International Group Inc.’s (AIG) Asian operations.
Prudential P.L.C., the British financial services company, was nearing a deal on Sunday to acquire the American International Group’s big life insurance business in Asia for about $35.5 billion, people briefed on the matter said.
Feb. 28 (Bloomberg) — Prudential Plc, the U.K.’s largest insurer, is in talks to buy an Asian life insurance unit of American International Group Inc. in a transaction that would be valued at about $25 billion, Sky News said, citing unidentified people.
At the risk of exposing the sappy optimist beneath my curmudgeon’s mask, I confess that I was genuinely impressed by last week’s marathon graduate seminar on America’s health care crisis.
When the chief executive of gargantuan health insurer WellPoint (parent of Blue Cross of California) went before a congressional subcommittee the other day, she displayed all the smile-through-the-tears pluck of Annie looking to a sunny tomorrow or Scarlett swearing to God she’ll never be hungry again.
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Toyota Car Insurance – Recalled Vehicles Could Push up Premiums Even Higher