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October 15, 2007
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Venture Capitalists and Angel Investors Find Success in Northeast Ohio

by PR Newswire - Oct 15,2007

CLEVELAND, Oct. 15 /PRNewswire/ -- Venture capitalists and angel investors are tapping into Northeast Ohio's wealth of entrepreneurial resources on an increasing basis and finding success. Over $500 million has been invested in start-ups in Northeast Ohio in the last ... [full story]

Michigan: Governor Announces OFIS Commissioner Resignation; Names Acting Commissioner

by NAMIC - Oct 15,2007

Gov. Jennifer M. Granholm announced on Oct. 12 that Linda A. Watters is stepping down as commissioner of the Office of Financial and Insurance Services (OFIS), effective the end of October. The governor has named Ken Ross acting commissioner of ... [full story]

Geico's Advertising, Pricing Luring Customers To Company

by Dow Jones - Oct 15,2007

CHICAGO -(Dow Jones)- Geico, the fourth-largest auto insurer in the U.S., just signed up its 8 millionth customer, continuing a growth rate that could push it ahead of next larger rival Progressive Corp. (PGR) in the next year. The Berkshire ... [full story]

Hawaii Slow to Recover From Earthquakes

by AP Associated Press - Oct 15,2007

KAILUA-KONA, Hawaii - Deep cracks line the outside walls of Hulihee Palace. Patches of fallen stucco expose the building's lava rock and coral mortar outer walls.   Two quakes a year ago Monday damaged the 19th-century vacation home of Hawaii's ... [full story]

Report critical of Medicare drug plan costs

by Reuters - Oct 15,2007

WASHINGTON (Reuters) -Taxpayers and Medicare patients could have saved almost $15 billion in 2007 if private health insurers had cut expenses for prescription drug coverage and negotiated bigger discounts, a report from Democratic staff of a House of Representatives panel ... [full story]

BC Life & Health Insurance Company Launches Enhanced Group Life and Disability Product Portfolio

by PR Newswire - Oct 15,2007

Most people don't like thinking about life and disability insurance until they need to have it, running the risk of financial disaster. According to The Actuarial Foundation, the majority of American workers and their families are unprepared for the financial ... [full story]

Research Reveals Global Appetite for Mobile Banking Services

by CNNMoney.com - Oct 15,2007

DUBLIN, Calif., Oct. 15 /PRNewswire-FirstCall/ - There is significant enthusiasm for mobile banking services among consumers worldwide, according to research released by Sybase 365, a subsidiary of Sybase, Inc. , the global leader in messaging interoperability and mobile content delivery. ... [full story]

GEICO Surpasses 8 Million Policyholders

by Business Wire - Oct 15,2007

CLIFTON, N.J.--(BUSINESS WIRE)--Donna Bador of Clifton, N.J., became a household name with GEICO's 23,000 associates when she recently bought her auto policy last month and became GEICO's record-setting eight millionth policyholder. Steve Cunningham, GEICO's assistant vice president in Buffalo, N.Y., ... [full story]

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