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June 12, 2008
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Estate Planning utilizing Premium Financing of Life Insurance

by Insurance Headlines - Jun 12,2008

Premium finance allows people with high net worth to purchase life insurance without liquidating other profitable investments or otherwise changing their normal cash flow situation. Through this innovative financial arrangement, qualified clients borrow the funds to pay the life insurance ... [full story]

Class Action Lawsuit May Affect West Virginia Nationwide Auto Policyholders and Their Passengers Involved in Accidents

by PR Newswire - Jun 12,2008

SPENCER, W.V., June 11 /PRNewswire-USNewswire/ -- The Circuit Court of Roane County, West Virginia has certified a class action lawsuit against Nationwide Mutual Insurance Company ("Nationwide"), and set a trial date of October 6, 2008. The lawsuit is entitled Nationwide ... [full story]

U.S. District Court Finds TCI and 3G Violated Federal Securities Laws

by PR Newswire - Jun 12,2008

ACKSONVILLE, Fla., June 11 /PRNewswire-FirstCall/ -- CSX Corporation (NYSE:CSX) today announced that the U.S. District Court for the Southern District of New York has ruled that The Children's Investment Fund (TCI) and 3G Capital Partners (3G) (together, the TCI Group) ... [full story]

Presumptive Democratic Presidential Nominee Obama Launches Economic Tour, Promotes Health Care Proposal

by Medical News Today - Jun 12,2008

Presumptive Democratic presidential nominee Sen. Barack Obama (Ill.) on Monday began a two-week economic tour in Raleigh, N.C., where he discussed his proposals to address the economy, health care and other issues, the AP/Philadelphia Daily News reports (Babington, AP/Philadelphia Daily ... [full story]

State Farm won't renew some Miss. coast policies

by International Herald Trib - Jun 12,2008

JACKSON, Miss.: State Farm Insurance Cos. says it won't renew homeowners policies within 1,000 feet of the beach on the Mississippi Gulf Coast, an area that was devastated by Hurricane Katrina in 2005. The company says policies in the area will ... [full story]

McCain backs tax overhaul, portable health insurance

by CNNMoney.com - Jun 12,2008

Republican presidential candidate John McCain threw some red meat to the small-business crowd on Tuesday, promising that if elected president he would drastically overhaul the tax system, end corporate welfare, introduce tax credits to make health insurance more affordable, and ... [full story]

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