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Genworth repays long-term debt obligations

Richmond, Va.-based Genworth Financial announced June 15 that it has retired the remaining balance on its 2009 long-term debt. The company has repaid in full $331 million of its outstanding 4.75% notes...

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AIG closes pair of deals, reduces debt by $25 billion

American International Group has completed a pair of transactions to reduce its debt with the Federal Reserve Bank of New York by $25 billion. The New York-based insurer announced that the N.Y. Fed...

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With health care reform law, Hoyer worries about growing federal debt

COLLEGE PARK, MD. – House Majority Leader Steny Hoyer was less celebratory April 1 than he’s been in the nearly two weeks since the passage of historic health care reform, striking a gloomy tone as he...

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Group urges Congress to stop ‘havoc’ of short-term NFIP extensions

A national insurance agents group is asking Congress to finally address a long-term solution to preserve the National Flood Insurance Program for the foreseeable future. The National Association of...

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Humana diversifies with acquisition of Concentra for $790 million

Humana, the national health insurance company, plans to buy Concentra, a privately held health care company that operates 300 medical centers in 42 states. Louisville, Ky.-based Humana will pay about...

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