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Florida Insurance Commissioner Kevin McCarty on Friday approved State Farm's exit from under a plan that would keep state-run Citizens Property Insurance from swelling. ...more
February 14, 2009
The Florida Insurance Commissioner has approved State Farm's exit from Florida. Kevin McCarty "conditionally approved the withdrawal plan submitted Jan. 27," a news release says. ...more
February 13, 2009
Jobless Claims Hit 26-Year High The Labor Department reported Thursday that the number of newly jobless workers seeking benefits rose last week to a seasonally adjusted 626,000, from the previous week's upwardly revised figure of 591,000. The latest total is far more than analysts' expectations of 583,000. ...more
February 6, 2009
WASHINGTON - Wells Fargo & Co., which received $25 billion in taxpayer bailout money, is planning a series of corporate junkets to Las Vegas casinos this month. ...more
February 3, 2009
It's one of the most memorable jingles ever conceived: "Like a Good Neighbor, State Farm is There." ...more
January 30, 2009
State Farm, Florida's largest private property insurer, said Tuesday that it is getting out of the property insurance business in Florida because its premiums aren't high enough to cover claims. ...more
January 28, 2009
$266.9 billion Amount the Treasury Department has disbursed from the $700 billion financial rescue program, according to an announcement Thursday ...more
January 9, 2009
Crisscrossing the country in corporate jets may no longer fly in Detroit after car executives got a dressing down from Congress. But on Wall Street, the coveted executive perk has hardly been grounded. ...more
December 22, 2008
Crisscrossing the country in corporate jets may no longer fly in Detroit after car executives got a dressing down from Congress. But on Wall Street, the coveted executive perk has hardly been grounded. ...more
December 21, 2008
It's a $150 billion gamble. That's the size of the newly enlarged financial lifeline the U.S. government threw tottering insurance giant American International Group on Monday, expanding an aid package that's gradually grown since it began as an $85 billion loan in September. ...more
November 11, 2008
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