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How Many Insurance Companies Went Bankrupt In 2009?

Question by Drew P | Posted in Insurance

How many insurance companies went bankrupt in 2009? How many insurance mergers and acquisitions were there in 2009? How many insurance companies were bought and sold in 2009?

Any answers to these questions get voted the unsurpassed answer!

Please site your information.

Best answer gets 10 points!

Thanks!

Answer: Amusingly enough, this dirt is listed in the June 2010 issue of Best's Review magazine, that I was just reading last twilight:

mergers, acquisitions, ownership changes: 149

state actions (forced liquidations): 7


They actually list all the name changes, acquisitions, liquidations, and new carriers by name, with the changes, obedient down by p/c and l/a/h.
 
 

Would You Support An Absolute, Complete Deregulation Of Health Care In The United States?

Question by Jimbo | Posted in Politics

Here is what I degraded by deregulation:

All government health care programs should be abolished. This includes Meidcare, Medicaid, Veterans Salubriousness care, public charity hospitals, and so on.

All laws concerning health care should be repealed. States should be prohibited from interfering with the insurance hustle in any way. Insurance companies can charge what they want, and adopt whatever policies and procedures they want. The government cannot mandate coverage

Answer: No the approximation is stupid and does not address reality in anyway. Take some courses on economics and pay attention when they talk about how businesses operated before the anti-guardianship laws of the early 20th century.

We would end up with a few huge insurance giants, little or no competition, a huge troop of uninsured, and hospitals, doctors and other health care providers unable to negotiate proper payment rates from insurance companies because they would have no market

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Are "Mergers & Acquisitions" Lawyers In Demand?

Question by Jay B | Posted in Law & Ethics

I layout to practice law in the next 4 years and I am wondering what area to specialize in, I've thought of Anti-Trust, Maritime, Insurance, and M&A. Out of these areas what seems to be more in requisition? My undergraduate major is in Spanish Language and I have a talent for languages, so I also could work in some sort of linguistically complicated profession i.e. diplomacy, NGO, interpreting, translating. How is the Law field? Am I better off with Spanish?

Answer: There is a superfluity of lawyers. Major firms are downsizing and outsourcing to India. Major corporations are locale up law departments in India. Law school grads are coming out with massive amounts of debt and crumb to no job opportunities.

Law is not a good idea.

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Why Did Clinton Pass The 1999 Fed.Serv.Modernization Act To Deregulate Wall Street?

Question by Communist Mafia left the HOUSE! | Posted in Government

An accord between the Clinton administration and congressional Republicans, reached during all-night negotiations which concluded in the advanced hours of October 22, sets the stage for passage of the most sweeping banking deregulation bill in American past, lifting virtually all restraints on the operation of the giant monopolies which dominate the financial system.

The proposed Monetary Services Modernization Act of 1999 would do away with restrictions on the integration of banking,

Answer: LOL People still fold up to see the Forest for the Trees ( you Agent Smith) Both sides are responsible for this , but you still want to Blame Bush and the Republicans , Like Clinton and the Democrats had nothing to do with this .

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Chances At Top Schools Like Wharton?

Question by Timmy C | Posted in Higher Education (University +)

First off, I righteous want to congratulate everyone who has gotten into Wharton early decision. I'm a junior right now, and I lately wanted to evaluate my chances of acceptance...it is my dream school after all. Please be honest, and don't hold back any review. Thank you for your time, and I wish you all happy holidays and good fortune with your future endeavors.

This is scarcely a few stuff from the top of my head...my objective for Penn is a B.S. econ concentration marketing, management,

Answer: You have a true shot with your stats Sweetie. Your biggest problem is that Wharton is overrun with applications from Asians, and that looks like the bank you'll be competing with. Though you have an advantage coming from Indiana, if you were in NY, NJ or CA it would look much dimmer.

A few thoughts: don't send them the laundry tabulation you gave us here. More is less Sweetie.No one wants to hear about declined jobs and dance marathons. Set up the jobs look less like daddy having

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Chart: Property/Casualty Insurance Mergers & Acquisitions Activity ...

by GC Editor

* Securities or investments, as fitting, are offered in the Joint States through GC Securities, a conflict of MMC Securities Corp. 2010 has seen a understated honest of mark/catastrophe mergers and acquisitions (M&A) job through the third section of the year - far less than what Guy Carpenter & Associates expected to see effective into the year. Securities or investments, as befitting, are offered in the European Marriage by GC Securities, a boundary line of MMC Securities (Europe) Ltd. 2 billion have been announced and closed through the third lodgings of 2010. This gauge lags 2009 levels and is well off late years’ labour. Reinsurance products are placed through knowledgeable affiliates , which is authorized and regulated by the Fiscal Services Sage....

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