earnings News

S&P Lowers Fremont Rating

On May 8, Standard & Poor’s (S&P) lowered its various ratings on Fremont General Corp. and related entities and placed...

Conseco Liquidates Some Assets

Pursuant to this transaction, Lehman Brothers will purchase approximately $1.5 billion in loans from Conseco Finance, with up to $500...

Axa Sees Earnings Increase

Axa Financial, the U.S. banking and investment branch of international insurer Axa SA, saw first-quarter operating earnings rise 61 percent...

A.M. Best Lowers Conseco Ratings

Following the resignation of two key Conseco executives on Friday, A.M. Best has lowered the financial strength ratings for the...

Working Double Time

Sharyls Lamarsh of Carson City, Nev., was charged with one felony count of insurance fraud. According to CDI fraud investigators,...