Author Archives: Editor - Finance Top Stories

Obama administration seeks online privacy rules

NEW YORK (AP) — The Obama administration is calling for stronger privacy protections for consumers as mobile gadgets, Internet services and other tools are able to do a better job of tracking what you do and where you go. Administration … Continue reading

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Poms Names Rossetti Vice President of Employee Benefits in New Mexico

Los Angeles, Calif.-based Poms Associates Insurance Brokers Inc. has named John Rossetti vice president of the employee benefits group in the firm’s Albuquerque, N.M. office. Rossetti was previously an account executive at Blue Cross Blue Shield of New Mexico, and … Continue reading

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Alaska Division of Insurance Seeking New Director

Alaska Division of Insurance has launched a search for a new director now that Linda Hall, who ran the division for nine years, is retiring this spring. “I will continue working through the legislative session, will assist with the transition, … Continue reading

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Calif. pledges better mobile privacy disclosures

SAN FRANCISCO (AP) — California is clamping down on nosy mobile applications, telling them they must give people advance warning if they want to keep pulling sensitive information from smartphones and computer tablets. The crackdown comes six months after California … Continue reading

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Rising sales point to better year for housing

WASHINGTON (AP) — The housing market is flashing signs of health ahead of the spring-buying season. Sales of previously occupied homes are at their highest level since May 2010. More first-time buyers are making purchases. And the supply of homes … Continue reading

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Stocks lower a day after Dow’s blip above 13,000

NEW YORK (AP) — A day after Dow 13,000, investors took a break. Stocks closed lower Wednesday for the first time in four trading days. The Dow Jones industrial average lost 27.02 points to finish at 12,938.67. The day before, … Continue reading

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Media General explores sale of newspapers

RICHMOND, Va. (AP) — Newspaper publisher and TV station owner Media General said Wednesday that it is exploring the sale of its newspaper operations, which produce nearly half its revenue. The company said that it has received inquiries from several … Continue reading

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Mortgage Rates Improve But Remain On Fence Between Recent Offerings

Yesterday marked the first time since late January that Best-Execution Mortgages Rates stood at 4.0% on average, as opposed to what had been the prevailing average of 3.875%. Rates improved today for most lenders, several of whom once again are … Continue reading

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The Hartford Hires Chartis U.S. Underwriting Chief Tucker

Hartford Financial Services Group announced three senior management appointments, including Tom Tucker as chief underwriting officer of commercial markets and head of specialty casualty. He will start his post at The Hartford on February 27. He will report to Doug … Continue reading

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Pennsylvania Christian College Sues Over Birth Control Regs

A Christian college in western Pennsylvania has sued the federal government saying regulations that require employers to offer birth control coverage that includes drugs that abort fertilized embryos are “directly at odds with the religious message it wishes to convey,” … Continue reading

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