Prudential’s Misleading Math

January 10, 2010, 8:03 pm

Tell me if you see something wrong with this slide from a Prudential video for an annuity feature they are offering: Source: Correct me if I’m wrong but if $100,000 grows 200%, it’s worth $300,000: $100,000 x (1 + 2) = $300,000 Remember, the formula for future value...

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GIVEAWAY! Five Copies of David Bach’s “Start Over, Finish Rich”

January 11, 2010, 5:17 pm

I’m excited to be able to giveaway five copies of David Bach’s latest book, Start Over, Finish Rich: 10 Steps to Get You Back on Track in 2010*, which came out just a few weeks ago. This is a short little book that offers up an action plan for starting over after the credit crisis and...

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David Bach’s Thoughts on ‘Strategic Default’

January 11, 2010, 12:26 pm

I received a copy of David Bach’s short-but-sweet book, Start Over, Finish Rich: 10 Steps to Get You Back on Track in 2010*, in the mail a couple of weeks ago. I’m nearly finished with the book and came across this passage that I want to share with you on Bach’s thoughts on strategic...

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Press Release - Laser Deemed Best Treatment for Diabetic Retinopathy

January 1, 2010, 9:00 am

THURSDAY, Dec. 31 (HealthDay News) -- Steroid injections into the eye slowed diabetes-related eye disease, though lasers remain the treatment of choice because of side effects related to the steroids, new research shows. Read more...

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Houston Radio D.J. Kevin Kline Completes 500-Mile, 13-Day Ultramarathon Across Texas for Kids with Cancer

January 1, 2010, 7:55 pm

HOUSTON--(BUSINESS WIRE)--To what lengths is someone willing to go for a cause they are passionate about? For Houston radio personality Kevin Kline, it’s running 500 miles in 13 days. Kline rang in the New Year by giving back to kids with cancer when he successfully finished his extraordinary...

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Weekly Address: President Obama Outlines Steps Taken to Protect the Safety and Security of the American People

January 1, 2010, 11:00 pm

WASHINGTON – In his weekly address, President Barack Obama discussed his solemn responsibility to protect the nation and the steps the administration has taken to that end. From ordering reviews into the attempted act of terrorism in Detroit to a comprehensive strategy that has refocused our efforts...

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Back to Blogging…

January 4, 2010, 9:00 am

It was nice taking some time off from blogging to spend time with my family. The kids are back in school today so it’s back to work for me. I’ll be working on a review of Larry Winget’s newest book. Look for the review to be posted in a bit. I hope everyone had a great Christmas...

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Fight Those Holiday Pounds!

January 3, 2010, 11:00 pm

To learn how to control your weight and shed those extra holiday pounds, visit our topic pages on weight control, exercise and physical fitness, diets, and nutrition.

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Scrutiny of Drug-Industry Gifts to Docs Goes Global

January 4, 2010, 9:40 am

Scrutiny of financial ties between drug companies and doctors, all the rage in the U.S. these days, has spread to India. The Medical Council of India, the group that sets the standards for the nation’s doctors, recently updated its ethics rules to bar doctors from accepting “any gift from...

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Novartis-Alcon: Not Really a Consumer-Health Deal

January 4, 2010, 8:52 am

Novartis said today that it’s looking to buy out the balance of Alcon, the big eye-care company. Novartis already has a 25% stake, and if the deal goes through as announced, Novartis will have invested about $50 billion to acquire all of Alcon. Given Alcon’s prominent place in the contact...

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Harvard-Affiliated Hospitals Limit Top Docs’ Industry Ties

January 4, 2010, 7:29 am

Sorry, one more New Year’s story to get out of the way: Top doctors at Mass. General and Brigham & Women’s — two of the most prestigious hospitals in the country — have to limit their financial ties to the drug and device industries under rules that kicked in on the first...

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Foremost Insurance Expands Fire Program in New Mexico, Wyoming

January 4, 2010, 11:25 am

Foremost Insurance Group of Caledonia, Mich., is expanding its Dwelling Fire program in New Mexico and Wyoming, to accept more landlord and rental property customers, and offer lower ...

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USHT Offering Texas Homeowners Deductible Buy-Back Coverage

January 4, 2010, 11:01 am

USHT Inc., a managing general agent and surplus lines agency based in Dallas, is now offering a homeowners deductible buy-back policy in Texas. The Texas Homeowners Deductible Buy-Back Policy is a ...

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Oregon Man Files Lawsuit Over Defective Baby Hammock

January 4, 2010, 10:51 am

A Gresham, Ore., man has filed a lawsuit against baby product maker Amby Baby Motion following the death of his five-month-old boy in August. The death was the second linked by the U.S. Consumer ...

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Ahlborn Named Vice President, Treasurer of HCC Insurance Holdings

January 4, 2010, 10:46 am

Frank H. Ahlborn has been appointed vice president and treasurer of Houston-based HCC Insurance Holdings Inc. Ahlborn joins HCC with more than 15 years' experience in insurance product analysis ...

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Cap on Fines Against Insurance Agents Rises in North Dakota

January 4, 2010, 10:45 am

Possible insurance department fines against insurance agents who violate North Dakota laws governing their conduct are increasing from a maximum of $1,000 to $10,000 per incident. Insurance ...

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Flood Insurance Getting Cheaper in Lincoln, Nebraska

January 4, 2010, 10:43 am

City officials in Lincoln, Neb., say an upgrade in Lincoln's rating will save property owners more money on their flood insurance. A news release from the office of Mayor Chris Beutler says the ...

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Idaho Schools Among Driving Safety Grant Winners

January 4, 2010, 10:34 am

Students at two high schools in southwestern Idaho are getting grants to launch campaigns aimed at preventing reckless teen driving. State Farm Insurance says Melba High School and Kuna High ...

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Towers Perrin, Watson Wyatt Complete Merger

January 4, 2010, 10:10 am

Towers Watson & Co. has completed the merger of Towers Perrin and Watson Wyatt. The transaction to form Towers Watson, a global professional services company, was announced on June 28, ...

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Andrews Joins Georgia's J. Smith Lanier Agency

January 4, 2010, 10:09 am

West Point, Ga.-based independent insurance brokerage J. Smith Lanier & Co. has hired Michael Andrews as director of Information Technology. Andrews has operated as an independent information ...

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Connecticut Chiropractic Board to Consider Stroke Risk

January 4, 2010, 9:57 am

Connecticut's State Board of Chiropractic Examiners is considering whether to require chiropractors to warn their patients about a possible risk of stroke from neck manipulation. The board is ...

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Suit: New York City Eatery Patron Hurt by Falling Moose Head

January 4, 2010, 9:43 am

A Web designer says she was struck by the decor at a New York City restaurant -- when it fell on her head. Raina Kumra says in a negligence lawsuit filed last week that a 150-pound stuffed ...

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Pennsylvania Zinc Plant Settles Pollution Lawsuit

January 4, 2010, 9:16 am

The largest zinc producer in the United States and an environmental group have settled a federal lawsuit claiming the company polluted the Ohio River. Under the settlement with Clean Water Action, ...

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Main Street America Acquires Texas Surety Business from CAIC

January 4, 2010, 8:31 am

Houston-based CAIC Holding Co.Inc. (CAIC) has sold its surety division to property/casualty insurance carrier The Main Street America Group, based in Jacksonville, Fla. The firms said the ...

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Ex-Georgia Football Player to Appeal Dismissal of Insurance Lawsuit

January 4, 2010, 7:54 am

A former University of Georgia football player is asking a judge to reconsider his decision to dismiss a lawsuit that claimed the school's athletic department failed to secure him a $500,000 ...

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Cheerleader, Teacher Sues 'Dirty' Web Site in Kentucky for Libel

January 4, 2010, 7:49 am

A Cincinnati Bengals cheerleader who also works as a school teacher in northern Kentucky is suing a gossip Web site for libel over a posting that she says falsely claims she was exposed to two ...

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Textron to Release Fourth Quarter Results on January 28, 2010

January 4, 2010, 12:35 pm

PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (NYSE: TXT) will release its fourth quarter 2009 financial results on Thursday, January 28, 2010. The company will also host a conference call at 9:00 a.m. (Eastern) to discuss the results and the company’s outlook. The call will be available via...

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USANA Health Sciences Announces Partnership with Kathy Kaehler

January 4, 2010, 12:32 pm

USANA Health Sciences, Inc. announces its partnership with fitness expert and celebrity trainer Kathy Kaehler.

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Kendall Law Group Investigates BioForm Medical, Inc. on Behalf of Shareholders

January 4, 2010, 12:23 pm

DALLAS--(BUSINESS WIRE)--Kendall Law Group, founded by a former federal judge, is investigating the proposed acquisition of BioForm Medical, Inc (NASDAQ: BFRM) (“BioForm”) by Merz Pharma Group (“Merz”), a privately-held company based in Frankfurt, Germany. The investigation concerns...

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Bilan annuel du contrat de liquidité contracte avec la societé de bourse Gilbert Dupont

January 4, 2010, 12:10 pm

AUBAGNE, France & GOETTINGEN, Germany--(BUSINESS WIRE)--Au titre du contrat de liquidité confié par la société SARTORIUS STEDIM (PARIS: DIM)(FWB: SRT) à la Société de Bourse Gilbert Dupont, à la date du 31 décembre 2009, les moyens suivants figuraient...

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