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New York Insurance Headline News

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New York Insurance Chief Says AIG Bailout was Unavoidable (Insurance Journal)

Published - 10/07/2008 07:45 AM

Washington policymakers had no choice but to rescue American International Group Inc. after a dramatic investor crisis left the giant insurer starved for cash, New York insurance chief Eric Dinallo to 

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Insurance chief says AIG bailout was unavoidable (Reuters via Yahoo! News)

Published - 10/06/2008 09:08 PM

Washington policy-makers had no choice but to rescue American International Group Inc after a dramatic investor crisis left the giant insurer starved for cash, New York insurance chief Eric Dinallo told lawmakers on Tuesday. 

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'AIG bailout was unavoidable' (Express India)

Published - 10/07/2008 05:12 PM

Washington policy-makers had no choice but to rescue American International Group after a dramatic investor crisis left the giant insurer starved for cash, New York insurance chief Eric Dinallo told lawmakers. 

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Insurance chief says AIG bailout was unavoidable (Khaleej Times)

Published - 10/07/2008 12:15 AM

WASHINGTON - Washington policy-makers had no choice but to rescue American International Group Inc AIG.N after a dramatic investor crisis left the giant insurer starved for cash, New York insurance chief Eric Dinallo told lawmakers on Tuesday. 

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AIG Lifts Borrowing From Government $9 Bln To $70.3 Bln: WSJ (Fox News)

Published - 10/10/2008 03:32 AM

AIG Lifts Borrowing From Government $9 Bln To $70.3 Bln: WSJ 

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Special Reports (Online Journal)

Published - 10/09/2008 11:49 PM

What’s clear from the behavior of European financial markets over the past two weeks is that the dramatic stories of financial meltdown and panic are deliberately being used by certain influential factions in and outside the EU to shape the future face of global banking in the wake of the US subprime and asset-backed security (ABS) debacle. 

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Insurance IT Spending Unlikely to Shrink While current conditions will drive intensified cost-consciousness, the ... (Finance Technology Network)

Published - 10/09/2008 08:44 AM

Strict reserving and solvency requirements have spared insurance companies the ravages the credit crisis has caused other financial services institutions but the insurance industry is still vulnerable to secondary effects, such as diminished investment income and a public with less income to spare. 

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Insurance IT Spending Unlikely to Shrink (Insurance and Technology)

Published - 10/09/2008 08:41 AM

While current conditions will drive intensified cost-consciousness, the continued need for improved capabilities, increased productivity and greater profitability will ensure that insurers' IT budgets will not face significant cuts. 

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Tennessee and Georgia Square Off on the Gridiron - But the Two States Team Together to Put More Kids on the Path to ... (Centre Daily Times)

Published - 10/08/2008 01:31 PM

Although the Tennessee Volunteer and the Georgia Bulldog football teams will fight it out between the hedges on October 11, the two states are actively working together to help put more Georgia and Tennessee kids on the path to college with the Path2College 529 Plan, offered by the State of Georgia. Georgia and Tennessee have formed a new partnership to endorse and market the Path2College 529 ... 

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Alabama's Riley Seeks New York's Paterson to Broker Debt Plan (Bloomberg)

Published - 10/07/2008 05:33 PM

Oct. 7 (Bloomberg) -- Alabama Governor Bob Riley sought out New York Governor David Paterson to help broker a solution to a sewer debt crisis that has pushed the state's most populous county to the brink of bankruptcy. 

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