Insurance News
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Buffett-Autographed Dairy Queen Spoon Raises $4,500 in Auction for Charity
Warren Buffett , the billionaire investor who’s pledged to donate his fortune to worthy causes, helped raise $4,500 for charity with the sale of an oversized Dairy Queen ice-cream spoon bearing his signature.
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Cuomo Said to Subpoena Genworth, Unum as Insurer Probe Widens
New York Attorney General Andrew Cuomo subpoenaed Genworth Financial Inc. , Unum Group and an insurer acquired by France’s Axa SA as the state widens a life- insurance fraud probe, said a person briefed on the demands.
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Genworth Tumbles Most Since September as Earnings Miss Some Forecasts
Genworth Financial Inc. , the mortgage guarantor and life insurer, fell the most since May as earnings disappointed some analysts and the company expects home-loan delinquencies to rise in the second half.
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MetLife LBO, Hedge-Fund Return May `Trend Lower' This Year, Kandarian Says
MetLife Inc. , the biggest U.S. life insurer, said results from investments such as buyout and hedge funds may not match those in the second-quarter when so-called variable holdings returned $296 million.
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