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Insurance Zone News


Reed vote points to flood zone issue
Elmira Star-Gazette
Tom Reed, R-Corning gave a protest vote Thursday against extending the National Flood Insurance Program. / JEFF RICHARDS / STAFF PHOTO US Rep. Tom Reed cast a protest vote this week to draw attention to the lack of a decision over federal flood zone ...

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Allianz wary of euro zone shocks after strong quarter
Reuters
* Allianz sticks to 2012 operating profit target * Quarterly operating profit helped by low damage claims * CFO says must expect further financial shocks * Share up 1.5 pct vs flat insurance index By Jonathan Gould FRANKFURT, May 15 (Reuters) - Allianz ...

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Seoul shares seen lower as euro zone fears dash risk appetite
Reuters
SEOUL, May 18 (Reuters) - Seoul shares are set for a weak start on Friday, as investors further cut risk exposure over concerns of insolvency in Spanish banks and the prospects of Greece exiting the euro zone. "The mass withdrawals seen in Spanish and ...

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WBNG-TV

Schumer on Flood Insurance Bill
WBNG-TV
Schumer says it makes sure flood maps are accurate so people who live in flood zones will get flood insurance and those who don't, won't have to have a policy. "I think it's a very very good proposal that will help the Southern Tier.
New Texas Flood Maps AvailableInsurance News Net (press release)

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Interest in Collier flood maps, insurance requirements crashes website
Naples Daily News
By KATHERINE ALBERS The good news is people in Collier County care about whether or not they need flood insurance. The bad news is that curiosity crashed the county's flood maps website. The 2012 Federal Emergency Management (FEMA) flood zone maps went ...
FEMA releases preliminary flood mapParagould Daily Press

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Telegraph.co.uk

European Debt-Insurance Costs At Highest Since January
Wall Street Journal
By Ben Edwards Of DOW JONES NEWSWIRES LONDON (Dow Jones)--The cost of insuring European sovereign and corporate debt against default rose Wednesday to its highest since January as fears escalate about a Greek exit from the euro zone.
European factors to watch - shares seen lower on FridayReuters
Banks' rising bad loans add to Spanish troublesCNBC.com
CANADA STOCKS-TSX climbs as resource shares rallyReuters Africa
NASDAQ
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Telegraph.co.uk

Economists React: What if Greece Exits the Euro Zone?
Wall Street Journal (blog)
Alternatively, a euro-wide deposit insurance program would be a good idea, RBS says. For trade ideas, the bank says “we think the theme of market deterioration leading to a policy action translates into buying bonds at distressed levels, ...
CANADA STOCKS-TSX set to open higher, helped by gold minersReuters
European Market UpdateAction Forex
Greece Battles for Democracy and SurvivalFog City Journal
BBC News -The Independent
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Tickets that raise your insurance rates
MSN Money
"He clocked me doing 57 in a 45 zone, but he let me off with a warning." I couldn't believe it. "He let you off with just a warning?" "I know, huh?" she said, practically giddy at reliving the moment. Unbelievable. I've been pulled over for a moving ...

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Globe and Mail

A Greek Exit? Euro Zone May Be Ready
New York Times
WASHINGTON — It is increasingly conceivable that Greece may leave the euro zone, not just because of its own political dysfunction but also because the consequences of such an exit for the rest of the Europe and the global economy no longer seem quite ...
Euro zone finance ministers dismiss Greek exit "propaganda"Reuters
Barclays Global Research Head: Greek Euro Exit LikelyWall Street Journal
Euro zone risks spark broad-based selloffCNBC.com
InvestorIdeas.com (press release) -Reuters UK
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ETF Trading Report: Mid Cap, Insurance ETFs In Focus
Zacks.com
Markets sold off once more in Thursday trading thanks to more speculation on Greece's future in the euro zone, while a weak Philly Fed didn't help matters back in the US either. Thanks to this, the S&P 500 slumped by about 1.5% to finish at a four ...

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