Calgary Health Region

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Calgary Health Region

Struggling Bond Insurers Get New Rival: Warren Buffett (Washington Post)
YORK, Dec. 28 -- Warren E. Buffett's Berkshire Hathaway is entering the bond insurance business in a move that could lower borrowing costs for local governments having a hard time raising money during the credit crunch.

Buffett starts up bond insurer to rival MBIA, Ambac (Washington Post)
YORK (Reuters) - Warren Buffett's Berkshire Hathaway Inc (BRKa.N) (BRKb.N) is starting a bond insurer that would help state and local governments lower their borrowing costs, and is likely to lure business from established rivals struggling with credit market turmoil.

TFN economic and business calendar to Friday Jan 18
C -. special distribution EASTERN EUROPE -Polish central bank publishes Dec official reserves data 1300 GMT) -ING. bulletin (0900 GMT) -Trichet participates in panel discussion in Frankfurt (1400 GMT) GERMANY -Euroforum insurance.

Insurance firms hit with big fines - Edmonton Journal
nt style="font-size:85%;font-family:arial,sans-serif">Insurance firms hit with big finesEdmonton Journal, Canada - Dec 8, 2007The office of the Superintendent of Insurance announced Friday fines of $114000 against ING Insurance Company of Canada and $94000 against Unifund Assurance.

BUSINESS BRIEFS
York Post - Marsh & McLennan named Joe McSweeny to oversee its US and Canada insurance bro kerage unit as part of a reorganization. Apple sued Apple was sued by a California woman claim ing the company illegally blocks competition for online music players and.

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