Fitch: Regulations, Litigation Affect Life Insurers Practices
Fitch Ratings says life insurers are changing claim-payment practices in response to recent regulatory reform initiatives and legal challenges. Over the near term, Fitch expects th

China Life Leads Gains in N.Y. Index on Lending: China Overnight
Chinese stocks in the U.S. advanced, led by China Life Insurance Co., on the prospect policy makers will allow banks to boost lending to help avert a slowdown in Asia’s fastest growing economy.

Kane Farm Bureau marks century of helping farmers — and some city folks, too
When the Kane County Farm Bureau started out a century ago, 80-year-old John White Jr. says, most county residents were farmers.But their lives were drastically different from that of farmers today, or even from those of the city folk of their day.The biggest differences were transportation and communications, White says. There was no radio or TV to bring the outside world to the farm, and no ...

Novartis delivers strong underlying financial performance in 2011, expects 2012 sales to be in line with 2011
Fourth quarter sales rose 5% while core[1] operating income grew 17% in constant currencies (cc); full year sales up 12% cc and core operating income up 16% cc Net sales increased 4% (+5% cc) to USD 14.8 ...

Fitch Affirms AIG's Sr Notes and IFS Ratings; Upgrades Subordinated Notes; IDR Outlook to Positive
CHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed its 'BBB' rating on American International Group, Inc.'s (AIG) senior unsecured notes and its 'A' Insurer Financial Strength (IFS) ratings on various AIG insurance company subsidiaries, all with a Stable Rating Outlook. Additionally, Fitch has affirmed AIG's Issuer Default Rating (IDR) at 'BBB' and revised the Rating Outlook to Positive from ...