| PR Newswire
The Group of North American Insurance Enterprises (GNAIE) said the proposed update fell short of the FASB's objective of providing financial statement users with a more timely and representative description of an entity's involvement in financial instruments while reducing complexity in accounting for them...
| Business Wire
Survey results show only 9% of advisors are “not doing anything differently” in response to decreasing margins and abnormally risk-averse clients...
| Business Wire
Hub International Limited, a leading insurance brokerage firm, announced today that it has acquired the shares of Sinclair Cockburn Financial Group, a Toronto, Ontario-based insurance and financial services firm with approximately $11 million in annual revenues.
Insurance companies now able to do business with credit unions
Albany, N.Y., Sept. 1, 2010—Governor Paterson signed legislation on Aug. 30 that will enable insurance companies to deposit funds in credit unions. Property and casualty insurance companies as well as certain other insurance companies are now able to invest up to $250,000 in share certificates with credit unions where they are eligible for membership through this legislation which was signed into law as Chapter 461...
A vast majority of companies worldwide are having difficulty attracting the critical-skill and talented employees needed to help them rebound and prosper in the wake of the economic crisis...
