Insurance News

Financier Lee Munder and his jewelry-designer wife, Laura, have sold their lakefront penthouse in Il Lugano privately for a recorded $17.45 million, setting a sales record for a Palm Beach condominium, according to property records.

Campbell Soup , which some have speculated could be a takeover candidate for Warren Buffett and Berkshire Hathaway , is scheduled to report its third-quarter fiscal 2013 results Monday, May 20, before the markets open.

's stock had its "hold" rating reaffirmed by Deutsche Bank in a research note issued on Monday, StockRatingsNetwork reports.

The Tesla Model S, Motor Trend Car of the Year, is introduced at the 2013 North American International Auto Show, in Detroit in January.

NEW YORK: Europe's top trade official for the first time late on Friday officially cited Chinese mobile telecommunications equipment makers Huawei and ZTE Corp for violating anti-dumping and anti-subsidy guidelines.

Sun Life Financial Inc. president and chief executive officer Dean Connor. Business has been strong, with $6.4 billion currently under management.

The Insurance Institute for Highway Safety has been rating SUV's like this Mitsubishi Outlander for how they handle a variety of crashes.

Canton voted to approve the appropriation of $1,360,000 to convert the old Knights of Columbus building on Pleasant Street into a senior center at Town Meeting Monday night.

Not a day passes without the financial media denouncing gold as an investment option and hailing the bureaucrats heading the world's monopolist monetary central planning agencies as superheroes.

Terry Hogle, left, president of Local 158 of the International Union of Operating Engineers, talks with Mayor Stephanie Miner today as striking members of Local 158 picket outside the Milton CAT heavy equipment dealership in Syracuse.

Southern Pacific Resource Corp. . Oil and gas. Up 9.5 cents, or 23.46 per cent, at 50 cents on 12.29 million shares.

Caterpillar Inc. has reached a deal to cut $135 million from the price owed for a Chinese mining equipment maker, after accounting irregularities were discovered at the acquired company that forced Caterpillar to take a $580 million impairment charge.

Warren Buffett, chairman and CEO of Berkshire Hathaway Inc., tours the exhibition floor prior to the start of the Berkshire shareholders meeting in Omaha on May 4. Rating agency Standard & Poor's lowered one of Berkshire Hathaway Inc.'s credit ratings by a notch Thursday, a day after another agency, A.M. Best, kept the Omaha investment company's ... (more)

** U.S.-insurer New York Life is in exclusive negotiations with Yuanta Financial to sell its Taiwan assets, two sources with close knowledge of the deal told Reuters on Friday.

Wells Fargo Bank and QBE Insurance have agreed to settle a class action lawsuit filed by several Miami-Dade County law firms on behalf of Florida homeowners given force-placed insurance for $19.25 million.

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Al Wright, a 70-year-old widower, is pretty fussy about his space: "I want the spoons in the drawer lined up a certain way," he admitted.

EMC Insurance Companies has declared and recently paid a dividend to members of their Municipality Safety Dividend Program.

Only two of 13 small SUVs are getting passing grades in front-end crash tests done by an insurance industry group.

A couple in north Wales evacuated from their home last November. The insurance industry is yet to agree a deal with the government over long-term cover for those affected by flooding.