Professional Indemnity Insurance: a safety cover for professionals Posted By : Editor 123
Professional indemnity insurance is an instrument that provides an essential cover of financial protection to all practicing professionals and advisors. In the event a client experiences a financial loss due to an alleged error, negligence or omission, the protection cover from professional indemnity insurance pays for the damages caused or for any kind of defending claims.
Fannie, Freddie bailout greeted with cautious optimism
NEW YORK (Reuters) - U.S. mortgage rates fell on Monday after the government seized control of Fannie Mae and Freddie Mac, raising hopes the plan would provide at least temporary respite from troubles in housing and credit markets.
UAL shares walloped by new posting of old news
CHICAGO (Reuters) - A nearly 6-year-old news story on the 2002 bankruptcy filing of UAL Corp resurfaced on the Internet on Monday, clobbering the airline's shares as some traders mistook the report as current and plausible news.
Oil falls $1 as strong dollar counters storm fears
SEOUL (Reuters) - Oil prices fell back toward a five-month low on Tuesday, resuming a near two-week slide as a resurgent U.S. dollar drove investors away from commodities and OPEC appeared set to sit tight on production policy.
Boeing strike impact to be felt globally
NEW YORK/PARIS (Reuters) - Aerospace groups braced for global disruption from a potentially lengthy strike at Boeing on Monday as one of the planemaker's biggest suppliers lost no time in cutting production and working hours.
U.S. hiring seen weaker in fourth quarter: Manpower
NEW YORK (Reuters) - A measure of U.S. employment expectations fell to its lowest level since 2003, amid signs the U.S. job market slowdown is spreading to economies around the globe, according to a quarterly survey by Manpower Inc released on Tuesday.
Nokia says eyes more Internet buys
HELSINKI (Reuters) - Nokia's Internet offering is far from ready and the world's top cellphone maker is seeking further acquisitions to speed up roll out of new services, Niklas Savander, the head of the unit, said in an interview.
Templeton aims to grow sovereign wealth fund business
SINGAPORE (Reuters) - Franklin Templeton Investments has appointed an executive to spearhead efforts to improve ties with sovereign wealth funds in a bid to manage more of the $2-3 trillion controlled by these state-owned entities.
Wall Street soars on Fannie, Freddie bailout
NEW YORK (Reuters) - Stocks rose on Monday as investors bet Washington's bailout of mortgage finance giants Fannie Mae and Freddie Mac would stabilize the U.S. housing sector and calm jittery world financial markets.
Boeing strikers picket but also hunt, improve homes
EVERETT, Washington (Reuters) - Visit a Boeing worker's picket line expecting to find hundreds of workers worried about putting bread on the table because they were driven to strike by an uncaring employer and you might be surprised.
Former Fannie Mae execs sued in investor complaint
NEW YORK (Reuters) - Four former top executives of Fannie Mae were sued on Monday, one day after the mortgage finance giant was seized by the U.S. government, in an investor lawsuit that claims the four lied about the company's financial position and artificially inflated its share price.
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