International Business News - All http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Shares of major insurance companies traded mostly down Friday, as investors appeared to be waiting for Tropical Storm Gustav. Gustav ripped off roofs, downed power lines and pounded rain into Jamaica on Friday, triggering landslides and flooding. http://www.ibtimes.com/articles/20080829/sector-snap-insurance-stocks-mostly-down.htm Fri, 29 Aug 2008 12:35:10 EDT All three candidates for West Virginia's Supreme Court are angling for the endorsement of the state's Chamber of Commerce. Republican Beth Walker reminded an audience at the chamber's annual meeting Friday of her past work with the business group. She also invoked her husband, an executive with chamber member Walker Machinery. http://www.ibtimes.com/articles/20080829/w-va-chamber-hears-from-supreme-court-hopefuls.htm Fri, 29 Aug 2008 12:12:44 EDT As Tropical Storm Gustav spun toward the Gulf of Mexico Thursday, insurance companies were ready to send adjusters and appraisers to assess damage from the storm if it does make landfall in the United States. They were also prepared financially, having made changes in their coverage in the three years since Hurricane Katrina. http://www.ibtimes.com/articles/20080828/insurance-companies-on-call-prepare-for-gustav.htm Thu, 28 Aug 2008 17:06:02 EDT As Tropical Storm Gustav spun toward the Gulf of Mexico Thursday, insurance companies were ready to send adjusters and appraisers to assess damage from the storm if it does make landfall in the United States. They were also prepared financially, having made changes in their coverage in the three years since Hurricane Katrina. http://www.ibtimes.com/articles/20080828/insurance-companies-on-call-prepare-for-gustav.htm Thu, 28 Aug 2008 15:50:58 EDT The population of renters across the country is growing, edged up in part by a slumping housing market. Yet as graduates and others enter the work force and set up their first apartments, renters insurance probably isn't a burning issue. It's often only after a robbery that a policy suddenly seems like a no-brainer. http://www.ibtimes.com/articles/20080827/renters-insurance-why-its-essential.htm Wed, 27 Aug 2008 18:44:57 EDT Shares of major insurance companies traded lower Monday, dragged down by bearish comments on American International Group Inc. and the fallout from Tropical Storm Fay. http://www.ibtimes.com/articles/20080825/sector-snap-insurance-stocks-fall-led-by-aig.htm Mon, 25 Aug 2008 12:20:02 EDT Barred from wearing suits that made them look like waterproof Christmas trees, the Spanish team took a different tack. Gangsta. http://www.ibtimes.com/data/articleimgs/114127-beijing-olympics-handball-women.jpg http://www.ibtimes.com/articles/20080822/martin-short-image-hovers-over-synchro-swimming.htm http://www.ibtimes.com/articles/20080822/martin-short-image-hovers-over-synchro-swimming.htm Fri, 22 Aug 2008 13:40:18 EDT Mississippi's insurance commissioner says he has negotiated rate increases with the state's two largest property insurers that are more modest than what the companies originally proposed. http://www.ibtimes.com/articles/20080821/2-large-insurers-increase-rates-in-mississippi.htm Thu, 21 Aug 2008 18:19:46 EDT The Financial Services Roundtable, which represents more than 100 large banks, brokerage firms and insurance companies, spent nearly $1.9 million lobbying in the second quarter on banking, mortgage lending and other issues affecting the industry, according to a recent disclosure report. http://www.ibtimes.com/articles/20080820/financial-group-spent-nearly-1-9m-lobbying-in-2q.htm Wed, 20 Aug 2008 15:06:36 EDT Shares of major insurance companies traded mostly down Wednesday, as investors appeared to be waiting out Tropical Storm Fay. Hundreds of homes in central Florida have been flooded by the storm, which forecasters had originally expected to energize over the ocean and possibly become a hurricane. But the storm's center remained just inland Wednesday, moving slowly. http://www.ibtimes.com/articles/20080820/sector-snap-insurance-stocks-mostly-down.htm Wed, 20 Aug 2008 14:22:00 EDT Shares OfficeMax Inc. sank Wednesday after the office supplier's chief financial officer abruptly resigned and an analyst downgraded the company's stock. http://www.ibtimes.com/articles/20080820/officemax-sinks-after-cfo-resignation.htm Wed, 20 Aug 2008 17:56:21 EDT OfficeMax Inc. said Wednesday that its chief financial officer, Don Civgin, has resigned. He will join Allstate Corp. as its senior vice president and CFO, effective Sept. 8, the insurer said in a separate statement. http://www.ibtimes.com/articles/20080820/office-max-cfo-resigns.htm Wed, 20 Aug 2008 09:53:41 EDT What would it sound like if 15 of the hottest female singers joined voices? The answer will be revealed Sept. 2. That's when "Just Stand Up" hits airwaves and iTunes. The song features Mariah Carey, Beyonce, Mary J. Blige, Rihanna, Fergie, Sheryl Crow, Miley Cyrus, Melissa Etheridge, Ashanti, Natasha Bedingfield, Keyshia Cole, Ciara, Leona Lewis, LeAnn Rimes and Carrie Underwood. All sales of the star-studded single will benefit cancer research. http://www.ibtimes.com/data/articleimgs/112120-people-all-star-charity-song.jpg http://www.ibtimes.com/articles/20080819/mariah-miley-beyonce-join-voices-to-fight-cancer.htm http://www.ibtimes.com/articles/20080819/mariah-miley-beyonce-join-voices-to-fight-cancer.htm Tue, 19 Aug 2008 08:36:31 EDT A Lehman Brothers analyst says personal auto insurers like Allstate Corp. continue to benefit from higher gasoline prices, which could mean reduced auto insurance rates for customers. http://www.ibtimes.com/articles/20080818/lehman-anlayst-says-high-gas-prices-aide-allstate.htm Mon, 18 Aug 2008 14:57:19 EDT Florida homeowners insured by Allstate companies will get an additional 5.6 percent rate cut because of its settlement with the state. Insurance Commissioner Kevin McCarty said Friday the company also agreed to insure 100,000 more Florida homeowners against hurricanes and other perils, forgive a $175 million loan to its Florida subsidiary and pay a $5 million fine. http://www.ibtimes.com/articles/20080815/florida-settles-insurance-dispute-with-allstate.htm Fri, 15 Aug 2008 17:26:08 EDT As they cheer on their athletes in Beijing, American Olympic officials are trying to secure their own gold: corporate sponsors. The U.S. Olympic Committee is losing General Motors Corp. as one of its five top-tier sponsors but scored a victory last month when Anheuser-Busch renewed through the 2012 London Games. The rest--AT&T, Bank of America and The Home Depot--are still negotiating possible renewals. http://www.ibtimes.com/articles/20080815/us-olympic-officials-look-to-renew-sponsors.htm Fri, 15 Aug 2008 08:45:48 EDT Shares of major insurance companies traded mostly lower Monday, as investors appeared to start a new week with uncertainty following fluctuating second-quarter earnings reports last week. http://www.ibtimes.com/articles/20080811/sector-snap-insurance-stocks-mostly-lower.htm Mon, 11 Aug 2008 14:43:25 EDT Shares of Allstate Corp. saw an uptick Friday amid a climb in the broader insurance sector. Shares rose 99 cents, or 2.2 percent, to $46.69. The stock has ranged from $42.51 to $59.23 over the past year. http://www.ibtimes.com/articles/20080808/allstate-shares-rise-amid-broad-market-rally.htm Fri, 08 Aug 2008 18:29:29 EDT Shares of major insurance companies traded up Friday, as investors ended a week of fluctuating second quarter earnings reports. Leading the way, bond insurer MBIA Inc. rose 72 cents, or 8.7 percent, to $9 after reporting on Friday that its second-quarter earnings rose because of unrealized gains on credit derivatives. http://www.ibtimes.com/articles/20080808/sector-snap-insurance-stocks-soar.htm Fri, 08 Aug 2008 12:33:40 EDT Oil pipeline operator Plains All American Pipeline LP said Thursday that four owners of its general partnerships have finished selling a 10 percent interest to Occidental Petroleum Corp. http://www.ibtimes.com/articles/20080807/plains-all-american-owners-sell-10-percent-stake.htm Thu, 07 Aug 2008 17:59:11 EDT