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Rescission settlements being defended by the California Legislatures »

Regulators of California insurance are being questioned about by the state committee to find out why only a small number of consumers are benefiting from the settlements that were agreed upon by the health insurers and state regulators on the highly debated topic of denying coverage once the members fell sick.

Demerger plans of Liberty to give rise to two new business ventures »

Liberty International, the property firm, narrowing the huge losses suffered over the last 12 months, elaborated on its plan to opt for demerger yesterday.

Inchcape overtakes all forecasts; remains wary for next year »

Considering the quickly falling car market, it is rare to hear a company actually posting a profit these days. Inchcape has done just that, posting a profit of £155.1m in 2009, up from the expected range of £141m to £151m.

Cyber Frauds rising; Consumers and Online Traders Warned »

Criminals using newer, sophisticated ways to dupe unwitting customers trading online have led to the increase in the frauds related to internet banking.
Banking fraud over the internet registered an increase of 14% in the year 2008, based on the numbers released by UK Financial Fraud Action. This has led people to worry about using this [...]

Norther Rock registers better performance »

Northern Rock, the nationalized home loan lender, reporting a steep drop in the losses for the year 2009, admitted that 4% of the total 22, 500 customers failed to make the monthly payments on their mortgage.
Though the bank has reported loss for the last year, the 4,500 employees, which also includes the 32 members of [...]

Insurers Justify Hike in Premiums »

The health insurance firms have clarified that the cost of providing care services are causing a surge in the premiums.

The Bank Failure Tally in US Reaches 26 »

Despite the gradual recovery gaining grounds in the U. S. economy, more than 20 banks Maryland, Illinois, Florida and Utah, have been shut down, since this January.

Business Owners Plans to Invest in U.S. Real Estate »

Business owners have been planning to invest in U. S. property.

Due to John Lewis Partnership £140m Bonus to be Offered »

The John Lewis Partnership would result in a bonus of at least £140m to 70,000 staff members.

Fall in House Prices »

Another decelerating view in the housing market was witnessed with the fall of 1.5% in the prices of the houses in February.