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September 15, 2010
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Veterans Affairs, Prudential made secret deal over benefits to family of fallen soldiers

by The Daily News - Sep 15,2010

Secret's out. For more than a decade, Prudential Financial Inc. has had a confidential arrangement with the U.S. Department of Veterans Affairs to withhold lump-sum payments of life-insurance benefits to the family of dead soldiers, so that Prudential could ... [full story]

Bank of America wants to step up 'cross-selling'

by Reuters - Sep 15,2010

 NEW YORK, (Reuters) - Bank of America Corp (BAC.N: Quote, Profile, Research, Stock Buzz) sees more opportunities for its advisers to sell different financial products to its customers, according to an investor presentation by CEO Brian Moynihan on Tuesday. ... [full story]

S&P Still Downbeat on Industry Finances

by Insurance Networking News - Sep 15,2010

The economic malaise and mounting catastrophe losses will continue to depress the insurance industry, a new report from Standard & Poor's Ratings Services says. The report, "Fewer Downgrades Expected For North American Insurance Holding Companies, But Negative Outlook Remains," ... [full story]

Obama Plan to Cut Support For Terrorism Insurance Sparks Protest

by Hartford Courant - Sep 15,2010

As the nation marks nine years since the 9/11 attacks, the Obama administration's plans to cut a federal stop-loss program for terrorism insurance would reduce the availability and increase the cost of coverage for acts of terrorism, a property-casualty think ... [full story]

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