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Annuity market grows as banks dip in (China Daily)
China's corporate annuity fund will experience robust growth during the coming years, and may reach 1 trillion yuan by 2010 and 8 trillion yuan by 2030, according to a government forecast.
Peachtree Increases Credit Facility for Structured Settlement & Annuity Purchasing to $250 Million (Centre Daily Times)
Peachtree is pleased to report that it has closed on the renewal and extension of a sizable credit facility for term financing for the purchase of structured legal settlement payments and annuities. The facility now totals $250 million - a $50 million increase - and has been extended for an additional year. "We are very gratified that the capital markets recognize the nature of the receivables ...
Peachtree Increases Credit Facility for Structured Settlement & Annuity Purchasing to $250 Million (wallstreet:online AG)
Peachtree is pleased to report that it has closed on the renewal and extension of a sizable credit
Peachtree Increases Credit Facility for Structured Settlement & Annuity Purchasing to $250 Million (Business Wire via Yahoo! Finance)
BOYNTON BEACH, Fla.----Peachtree is pleased to report that it has closed on the renewal and extension of a sizable credit facility for term financing for the purchase of structured legal settlement payments and annuities.
State committee?s proposal would tighten annuity sales rules (Milwaukee Journal Sentinel)
Insurance companies would be required to have an independent way of verifying that the sale of an annuity was appropriate as part of a sweeping new set of regulations to be considered by a special committee of the state insurance commissioner t...
Council Considering Worker Borrowing Plan (WXYZ-TV Detroit)
With these tough economic times, many City of Detroit employees want to be able to borrow up to $10,000 from their retirement annuity plan.
Banks aren't the only insured financial institutions (USA Today)
After the failure of IndyMac Bank, you might be wondering if other financial institutions, such as brokerages and life insurers, are also covered by some form of insurance. The answer is yes, but the coverage is a bit more complex than federal deposit insurance is.
Oklahoma Briefs (The Oklahoman)
INSURANCE First Trinity to purchase First Life TULSA ? First Trinity Financial Corp. has agreed to buy a Kansas-based life insurance subsidiary of and Brooke Capital Corp. The sale of First Life America Corp. is subject to regulatory approval by the Kansas Insurance Department. First Life America Corp., based in Topeka, Kan., sells life insurance and annuity products in Kansas, Oklahoma, ...
Xerox posts better-than-expected quarterly profit (Reuters via Yahoo! News)
Xerox Corp on Thursday posted better-than-expected quarterly earnings as revenue improved on strong sales of printing supplies and color equipment.
Pick 6 Lotto jackpot grows to $2.25 million (The Star-Ledger)
There was no top prize winner in last night's Pick 6 Lotto drawing, New Jersey Lottery officials said. Five out of six paid $2,693 to 13 winners; four out of six paid $55 to 693 winners; and three out of six paid $3 to 13,605 winners.
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