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  1. (AFX UK Focus) 2008-11-03 14:30 UPDATE 1-GMAC sells reinsurance unit to Maiden Holdings (Interactive Investor)
    NEW YORK, Nov 3 (Reuters) - GMAC LLC, the money-losing finance company, has sold the reinsurance operations of its GMAC Insurance unit to Maiden Holdings Ltd, the Bermuda-based reinsurer said on Monday. Terms were not disclosed, but Maiden said that to help fund the transaction it plans to raise $260 million of equity from a rights offering to shareholders. Maiden said it will assume $750 ...
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  2. Policyholders are paying the penalty - Scotsman
    Policyholders are paying the penalty Scotsman, United Kingdom - 15 hours ago Standard Life this week joined the ranks of insurance companies to slash bonus payments on with-profits policies and increase charges for those who ...
    business.scotsman.com
  3. Senior Center director thrilled over restored funds - Register Citizen
    WINSTED — For two days last week, it looked as though several thousand seniors would suffer due to reduced services after funds were cut at the senior center. Luckily those funds were restored to the budget by selectmen and the center can continue ...
    www.registercitizen.com


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