Genworth Financial Inc

Four insurance companies on Friday asked the government to allow them to buy thrifts so they can qualify to receive federal money under the financial rescue program. Hartford Financial Services Group Inc., Genworth Financial Inc., Lincoln National Corp....

Four of the world's biggest life insurers are looking to acquire small banks to improve their chances of getting cash from the $700 billion U.S. government bailout fund. The Hartford Financial Services Group Inc. has already said it plans to acquire a...

Life insurers are being called everything from "corporate pigs" to pragmatic capital-seekers as they try to tap billions of the U.S. Treasury's bailout funds. They've touched off a scorching debate about whether they should get a piece of the action...

A new wave of loan defaults, this time tied to commercial mortgages, is starting to hit insurance companies and may be contributing to the stock market's woes. Industry players say the insurers' predicament is being worsened by a rule requiring that...

The state's economy took another dive this week when the Department of Labor reported that 3,600 jobs disappeared off the books in October; estimates of the growing state deficit ballooned; and stocks in that Hartford stalwart, the insurance business,...

YAHOO -$1.76 (13%) to 12.20 Shares of the Internet company suffered their the biggest retreat in six months after Microsoft said it is still not interested in acquiring the second-biggest U.S. seller of online advertisements. Yahoo Chief Executive...

In a typical recession, stocks start recovering about six months before the economy does. The crisis we're in right now, however, is anything but typical: Lending is frozen, hedge-fund selling is happening on a massive scale, and economic troubles have...

GENWORTH FINANCIAL -$1.48 (54%) to $1.24 Shares of the insurer spun off from General Electric had the biggest percentage loss in the Standard & Poor's 500 index. The company said it is no longer eligible for a federal program that buys short-term...

"Foreclosure Prevention Rises 136 percent in Florida" So said the press release. But read on and you'll find that it's just so little help for so many people in trouble. Lenders say they are willing to work with troubled homeowners, but are they?...

Treasury Secretary Henry M. Paulson Jr. told Orlando-area mortgage bankers, business people and government officials Monday that the administration is working to help homeowners avoid foreclosure wherever possible without creating a massive bailout....

Like a spreading infection, restrictions on credit are moving into new and more specialized niches of the mortgage market. The latest to feel the pinch: *Cash-out refinancings. *Loans with anything less than full documentation of borrower income,...

The cost of nursing-home care has risen 18 percent in Orlando since 2004, just above the national average increase of 17 percent, according to the recent "Cost of Care Survey" by Genworth Financial. The average cost of private nursing-home care in...