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Insurance Travel Information
 Marketwire - Insurance Marketwire - Insurance
- NexgenRx Announces Issuance of Shares in Payment of Quarterly Debenture Interest
TORONTO, ONTARIO--(Marketwire - Dec. 22, 2008) - NEXGENRX INC. ("NexgenRx" or the "Company") (TSX VENTURE:NXG) announces that it has issued 265,937 common shares, at a price of $0.15 per share, in lieu of cash payment of interest accrued on the $2,000,000 of convertible debentures issued in October 2007. The foregoing shares are subject to hold periods in accordance with applicable securities laws, which will expire on April 23, 2009. It is at the discretion of the Corporation to issue shares in lieu of cash as payment of interest on the convertible debentures. - ETM Launches Learning Portal
Self-Paced Learning Online Reduces Training Time and Cost, Accelerates ROI - Brown & Brown, Inc. Announces the Asset Acquisition of Insurance 1, Inc.
DAYTONA BEACH, FL and TAMPA, FL--(Marketwire - December 22, 2008) - C. Roy Bridges, Regional
Executive Vice President of Brown & Brown, Inc. (NYSE: BRO), Tommy Huval,
responsible for Brown & Brown, Inc.'s operations in Louisiana and other
southeastern states, and James "Jimmy" Bradford, Brian Duke and Martin
Heyman, principals of Insurance 1, Inc., of Alexandria, Louisiana, announce
the asset acquisition of Insurance 1, Inc. by a subsidiary of Brown &
Brown, Inc.
- SCOR receives Life Retakaful licence
PARIS--(Marketwire - December 22, 2008) - Press Release
22 December 2008
For further information please contact:
Beat Werder +33 (0)1 46 98 71 39
Chief Communications Officer
Marco Circelli +44 (0) 207 553 8106
Head of Investor Relations
SCOR receives Life Retakaful licence
The Labuan Offshore Financial Services Authority (LOFSA) has granted SCOR
Global Life an operating licence to provide Retakaful reinsurance products
complying with the principles of Islamic finance. LOFSA also granted SCOR
Global Life a conventional (i.e. "Non-Takaful") Reinsurance licence. The
new entity will be called SCOR Global Life SE, Labuan Branch.
- TSX Venture Exchange Closing Summary for December 19, 2008
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 19, 2008) -
The following report is available on tsx.com at the following web page:
http://www.tsx.com/en/news_events/media_kit.html
Trading was very heavy on a volume of 236.0 million shares worth 26.8 million dollars.
There were 369 advances, 412 declines and 689 issues unchanged.
The S&P/TSX Venture Composite Index closed down 1.41 at 699.04
/T/
Most Active Issues by Volume
Volume Name Symbol Close Change
- Bridge Bank Establishes the Bridge Bank Chair at San Jose State University
SAN JOSE, CA--(Marketwire - December 19, 2008) - Bridge Capital Holdings (NASDAQ: BBNK), whose
subsidiary is Bridge Bank, National Association, today announced that it
has established a term academic chair at the Center for Banking and
Financial Services in the College of Business at San Jose State University.
In recognition for providing resources for the advancement of the
educational mission at San Jose State, the term academic chair has
officially been named the 'Bridge Bank Chair for Banking and Financial
Services.'
- eHealth Announces Appointment of Randall S. Livingston as New Independent Director
MOUNTAIN VIEW, CA--(Marketwire - December 19, 2008) - eHealth, Inc. (NASDAQ: EHTH) announced
today that Randall S. Livingston has been appointed as an independent
director to eHealth's Board of Directors.
Mr. Livingston is the vice president for business affairs and chief
financial officer of Stanford University and has served in this role since
2001. From 1999 to 2001, Mr. Livingston served as executive vice president
and chief financial officer of OpenTV Corp., a provider of interactive
television software and services. Mr. Livingston also serves as a member of
the board of directors of Genomic Health and has served on this board since
October 2004. Mr. Livingston received a B.S. in mechanical engineering
from Stanford University and an MBA from the Stanford Graduate School of
Business.
- First California Financial Group Receives $25 Million From U.S. Treasury's Capital Purchase Program
WESTLAKE VILLAGE, CA--(Marketwire - December 19, 2008) - First California Financial Group, Inc.
(NASDAQ: FCAL) today announced that it has received $25 million of new
capital from the U.S. Treasury Department's Capital Purchase Program
(TARP). As of September 30, 2008, First California's total risk-based
capital ratio of 14.01% was already well above the regulatory requirement
of 10.00% for a "well capitalized" institution, but increased pro forma to
16.91% with the additional capital from the TARP. First California's
tangible equity to tangible assets ratio has also increased from 7.29% as
of September 30, 2008 to 9.42% pro forma.
- Kaplan Compliance Solutions Announces Executive Promotions
Kris Cope Named VP, Sales and Marketing; Zach McCoy Named VP, Operations Management and Business Development - Year-End Health Insurance Check-Up
Nine Tips From eHealthInsurance for Saving Money and Avoiding Insurance Mistakes Before You Ring in the New Year - Universal Insurance Holdings, Inc. Announces the State of South Carolina Has Approved UPCIC's Rates and Forms; UPCIC Has Written Its First Homeowners' Policies in the State
FORT LAUDERDALE, FL--(Marketwire - December 19, 2008) - Universal Insurance Holdings, Inc.
(NYSE Alternext US: UVE) (AMEX: UVE), a vertically integrated insurance
holding company, announced that its subsidiary, Universal Property and
Casualty Insurance Company (UPCIC), has received approval of its rates and
forms from the South Carolina Department of Insurance to write property and
casualty insurance in the State of South Carolina. Following this
approval, UPCIC has written its first homeowners' policies in South
Carolina.
- Settlement Quotes, LLC Provides 7 Tips for Consumers Selling Structured Settlement Payments
Making an Educated Decision Is the Best Decision When Selling the Rights to a Structured Settlement - NATIXIS : The Supervisory Board of Natixis approved the plan for an in-depth transformation of the Corporate and Investment Banking business
PARIS--(Marketwire - December 19, 2008) - Paris, December 19, 2008
At its meeting of December 18, 2008, the Supervisory Board of Natixis
approved the plan presented by the Executive Management to thoroughly
refocus the Corporate and Investment Banking (CIB) business on its historic
clients, plain vanilla products and a client-oriented product offering.
The determined actions included in this plan will lead to a reduced and
better controlled risk profile at CIB. They will support the restructuring
plan underway since May 2008 by:
- TSX Venture Exchange Closing Summary for December 18, 2008
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 18, 2008) -
The following report is available on tsx.com at the following web page:
http://www.tsx.com/en/news_events/media_kit.html
Trading was very heavy on a volume of 363.3 million shares worth 41.9 million dollars.
There were 104 advances, 208 declines and 1,247 issues unchanged.
The S&P/TSX Venture Composite Index closed up 700.45 at 700.45
/T/
Most Active Issues by Volume
Volume Name Symbol Close Change
- Strengthening of SEK's capital base now completed
STOCKHOLM, SWEDEN--(Marketwire - December 18, 2008) -
Today, the Swedish government has provided SEK with Skr 3 billion in
new equity and transferred to SEK the shares of the state-owned
company Venantius AB to further strengthen SEK's capacity to lend to
the Swedish export industry.
In November, the Government proposed to strengthen SEK's capacity to
assist the Swedish export industry with long-term financing, through
a capital contribution of Skr 3 billion in ne
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