State and federal programs offer homeowners in North Jersey’s flood-ravaged areas a buyout. But the combination of red tape and limited funding is keeping many from that promise and a fresh start in a new and drier location. Nelly Della … View full post on Insurance Journal » News
The city council in Minot, N.D., has approved a plan that could result in the acquisition of more than 270 properties for future flood protection measures. The voluntary program calls for negotiations to begin with willing landowners, with a goal … View full post on Insurance Journal » News
Transatlantic Holdings opened talks with a unit of Warren Buffett’s Berkshire Hathaway on Friday over a $3.2 billion takeover offer, adding a new twist in the battle for the reinsurer. The Berkshire unit, National Indemnity, entered into a confidentiality agreement … View full post on Insurance Journal » News
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[Business Wire] – Prudential Retirement, a business unit of Prudential Financial, Inc. , announced today that United Way of Central Maryland has selected Prudential’s Portfolio Protected Buy-Out to support the termination of its defined benefit retirement plan. View full post on Yahoo! Finance: Life Insurance Industry News
[at Financial Times] – Local Shopping REIT, the retail property specialist, is planning to launch a £100m venture to acquire high street shops around the UK backed by Pramerica Real Estate Partners, the US property investment group of Prudential Financial PRU. View full post on Yahoo! Finance: Life Insurance Industry News
[AP] – Prudential Financial Inc. said Thursday it has completed lining up financing to fund part of its acquisition of two insurance companies from American International Group Inc. View full post on Yahoo! Finance: Life Insurance Industry News
View full post on Yahoo! Finance: Life Insurance Industry News
View full post on Yahoo! Finance: Life Insurance Industry News
View full post on Yahoo! Finance: Life Insurance Industry News
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