American financial Group announced that its Board of Directors has approved an increase in the Company’s annual dividend from $0.55 to $0.65 per share of common stock. In a release dated Aug. 19, the Company said the increased dividend, when declared, will be paid on a quarterly basis of $0.1625 per share of common stock [...]

Munich Re cited the “particularly large contribution” of a strong investment result as first-half earnings rose 5.3% to 1.19 billion euros. The group’s reinsurance result fell 19.3% to 1.06 billion euros, but primary insurance earnings surged to 293 million euros from 1 million euros a year earlier. Munich Health posted a first-half profit of 16 [...]

A summary of the changes made in the substitute amendment and an updated detailed summary of the substitute amendment to the Small Business jobs Act, unveiled by Finance Committee Chairman Max Baucus (D-Mont.) today, A summary of the modifications made in the substitute amendment to the Small Business jobs Act follows below. Legislative text will [...]

TD Canada Trust offers tips and advice to avoid missing payments – Almost one-in-five (16%) British Columbians say they would rather clean the bathroom than pay the bills. Despite their aversion to it, British Columbians are among the least likely to miss paying bills on time. This is according to the TD Canada Trust Everyday [...]

The House of Representatives today passed the bipartisan Federal Housing Administration (FHA) Reform Act, H.R. 5072, to restore the agency’s financial solvency and prevent another taxpayer bailout for bad mortgages. Congressman Tim Murphy (PA-18) supported the legislation so taxpayers would not be held responsible for poor lending decisions. “Taxpayers have already been unfairly put on [...]

The Australian government has asked its Board of Taxation to review the treatment of Islamic finance in Australia. “The review will be a comprehensive analysis of Australia’s tax laws to ensure, where possible, they do not inhibit the provision of Islamic finance, banking and insurance products,” Australia’s Assistant Treasurer Senator Nick Sherry said in a [...]

Prudential financial (NYSE:PRU) traded in a range yesterday that spanned from a low of $56.70 to a high of $60.07. Yesterday, the shares fell 2.16%, which took the trading range below the 3-day low of $59.02 on volume of 4.9 million shares. Shares of Prudential financial are currently trading below their 50-day moving average (MA) [...]

The Chinese yuan-denominated A-share market May 18 gave back after straight declines with most of sectors on the Shanghai and Shenzhen bourses rising. The benchmark indexes on both bourses opened with jump and remained in volatility in the morning trading. The two indexes were on the steep increase and maintained robust growth in the afternoon [...]

Linear Title & Closing located in Middletown, RI has expanded into Texas with the opening of a Houston office and will begin offering title and closing services throughout the state of Texas effective immediately. The Texas Department of Insurance granted Linear Title & Closing its title agent license in late April 2010. Linear Title & [...]