Admin on Jun 20th, 2009Ambac Postpones New Municipal-Bond Insurance Unit (Update2) (Bloomberg)
More info…June 19 (Bloomberg) — Ambac Financial Group Inc. , the bond insurer shut out of new business after record mortgage losses, postponed plans to create a municipal-bond insurance unit because it couldnt raise adequate capital. The shares fell the most in a month.
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Canada’s largest insurance co. investigated (AP via Yahoo! Finance)Manulife Financial Corp. [...]
Admin on Mar 24th, 2009Council approves $800,000 for unexpected health costs - Dispatch
More info…The Lexington City Council approved a total of $800,000 for un-budgeted health care costs for the current year and for future retirees at its meeting Monday night. The city budgeted $4,153,522 for its group health insurance costs for the 2008-09 …
Workers Feel Brunt Of Health Insurance Woes - WTOV 9While just about all retirees [...]