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October 25, 2007
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Volkswagen to launch 'direct' banking operation in Mexico

by International Herald Trib - Oct 25,2007

MEXICO CITY: German automaker Volkswagen AG said Wednesday it plans to launch what it is calling the first bank in Mexico with no physical branches. Volkswagen Bank SA will offer deposit accounts, financing and investment portfolios without charging commissions, executives said. ... [full story]

House to Test New Kids' Health Bill

by Time.com - Oct 25,2007

(WASHINGTON) — House members are about to learn whether some nips and tucks to a children's health bill will be enough to secure a veto-proof margin against a White House that wants major surgery. The House planned to vote Thursday ... [full story]

Insurers Say Early Calif Wildfire Claims Slow To Come In

by Dow Jones - Oct 25,2007

CHICAGO (Dow Jones)--As wildfires continued to burn thousands of acres across Southern California, insurers in the state said they were beginning to be contacted by policyholders, many of whom do not yet know if their homes are still standing. Jonathan ... [full story]

2007 Third Quarter Auto Insurance Pricing Report from Leading Auto Insurance Agency, Insurance.com

by PRWEB.com - Oct 25,2007

Cleveland, OH (PRWEB) October 25, 2007 -- Insurance.com, the largest online auto insurance agency in the United States, reports that car insurance rates are continuing to decrease depending on geographical location. The company’s "2007 Third Quarter Auto Insurance Pricing Report" ... [full story]

Shake-Up and Job Cuts at Bank of America

by The New York Times - Oct 25,2007

Bank of America’s investment bank has lobbied hard to win Wall Street’s respect. Now, it is lowering its head in retreat. Bank of America announced a shake-up of its investment bank last night, cutting 3,000 jobs and installing Brian T. ... [full story]

Former Maryland Insurance Commissioner Named President of Life Settlement Providers LLC

by PR Newswire - Oct 25,2007

BALTIMORE, Oct. 25 /PRNewswire/ -- Former Maryland Insurance Commissioner R. Steven Orr was named president of Life Settlement Providers, LLC, a Maryland-licensed life settlement provider and a leader in the secondary market for life insurance policies. Mr. Orr will be ... [full story]

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