Jobless Rate Hits 4.5 Year High
Friday, September 05, 2008 (125 reads)
The national unemployment rate unexpectedly shot up to 6.1 percent in August, the highest in more than four and a half years, as employers cut payrolls for an eighth straight month and a decline in labor markets accelerated.
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Odyssey Authorizes $200M Stock Repurchase Bump
Thursday, September 04, 2008 (278 reads)
Stamford re-insurer Odyssey Re Holdings Corp. has authorized an increase in their previously announced stock repurchase program of up to $200 million, bringing the total authorization to $600 million, the company said.
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Putnam Drops A Dime On Shareholders
Thursday, September 04, 2008 (120 reads)
The parent company of Putnam Bank has declared a quarterly dividend of $.10 per share, and an annual dividend of $.40, up from $.36 last year.
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Varney New VP At Gen Re
Thursday, September 04, 2008 (146 reads)
Farmington-based General Re–New England Asset Management, a subsidiary of re-insurer General Re Corp., has hired Stacy Varney as vice president, new business development.
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Emcor To Manage Boston Courthouse
Thursday, September 04, 2008 (108 reads)
Norwalk infrastructure, construction and management company Emcor Group’s government services subsidiary will provide full building management services at the John Joseph Moakley U.S. Courthouse in Boston.
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Cropdusting: Hudson Acquires Farm Insurer
Wednesday, September 03, 2008 (269 reads)
Hudson Insurance Group, the U.S. insurance division of Stamford-based Odyssey Re Holdings Corp., has purchased the assets pertaining to the crop insurance business of CropUSA Insurance Agency.
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Red Umbrella To Cover Green Buildings
Wednesday, September 03, 2008 (138 reads)
Hartford insurer Travelers Inland is now offering green building additional coverage, designed to support and maintain green construction projects.
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