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October 17, 2007
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National Banking Survey Reveals Consumers Not Following Simple Savings Strategies

by PR Newswire - Oct 17,2007

CALABASAS, Calif., Oct. 17 /PRNewswire/ -- A nationwide survey released today shows that many Americans with both a checking and savings account (71 percent) tend to group those primary accounts at one institution, perhaps out of convenience, when they could ... [full story]

GMAC Financial Services and ResCap Announce Restructuring of Mortgage Operations

by CNW Group - Oct 17,2007

MINNEAPOLIS, Oct. 17 /CNW/ -- GMAC Financial Services today announced it is restructuring its mortgage operations, Residential Capital, LLC (ResCap), as severe weakness in the housing market and mortgage industry continues to prevail. ResCap will streamline its operations and revise ... [full story]

Manulife Investor Sentiment Index pulls back from seven-year highs

by CNW Group - Oct 17,2007

WATERLOO, ON, Oct. 17 /CNW/ - Canadians' interest in investments lost ground in September amid concerns about U.S. sub-prime mortgages and softer equity markets at the time, according to a national poll for Manulife Financial, Canada's leading insurance and wealth ... [full story]

Florida AG calls for reinsurance backstop

by Jacksonville Biz Journal - Oct 17,2007

Florida Attorney General Bill McCollum called for a federal backup program for reinsurance Wednesday at the International Association of Insurance Supervisors' annual conference in Fort Lauderdale. "The Federal Government already extends billions of dollars in taxpayer-supported assistance to national disaster ... [full story]

John Hancock Study of 401(K) Participants Investment Outcomes Reveals Common Investing Behaviors

by PR Newswire - Oct 17,2007

BOSTON, Oct. 17 /PRNewswire-FirstCall/ -- A study(1) commissioned by John Hancock showed common investing behaviors amongst 401(k) participants that selected their own investments. As well, the study showed that a large majority of non-Lifestyle participants, 84.2%, would have fared better ... [full story]

GAINSCO Auto Insurance Taps CCC Information Services for Claims Management Solutions

by PR Newswire - Oct 17,2007

CHICAGO, Oct. 17 /PRNewswire/ -- CCC Information Services Inc. has signed exclusive five-year agreements that will provide GAINSCO Auto Insurance ("GAINSCO") access to CCC's suite of integrated claims management solutions, helping to improve productivity and create efficiencies throughout the claims ... [full story]

Anthem Blue Cross and Blue Shield in Virginia Introduces New Generation of Consumer Driven Health Products

by PR Newswire - Oct 17,2007

RICHMOND, Va., Oct. 17 /PRNewswire/ -- Anthem Blue Cross and Blue Shield in Virginia is now offering new health plan options for employers and individuals that will change the way consumers think about health care-helping them to lead healthier lives ... [full story]

Real Estate Roundtable Praises Senate Action on TRIA

by PR Newswire - Oct 17,2007

WASHINGTON, Oct. 17 /PRNewswire-USNewswire/ -- Jeffrey D. DeBoer, president and CEO of The Real Estate Roundtable, praised the Senate Banking Committee today on its passage of legislation to extend the federal Terrorism Risk Insurance Act (TRIA). He issued the following ... [full story]

Faster tax refunds, guaranteed accurate.

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