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American insurance company Prudential Financial Inc. has for the first time lowered dividends against the loss in the third quarter.
The company will start to pay dividends at the rate of 58 cents per share since December, 19th.
Last year the company has paid dividends at the rate of 1,15 dollars per share. Earlier the company increased dividends every year, since primary placing of shares in 2001.
Decrease in dividends is caused by depreciation of company’s actives that has negatively affected the capital.
Last month the company has stopped the repayment of own securities and has fixed the pure loss in the third quarter at the rate of 166 million dollars.
Analysts from Goldman Sachs Group Inc prove that within the following of 12-18 months the situation with actives for the US companies, which are engaged in life insurance, will continue to get worse.

The division of company Berkshire Hathaway – Kansas Bankers Surety (KBS) – has declared about the termination of insurance of the American bank deposits over the volumes, guaranteed by the government.

KBS – the affiliated structure of the company – has informed more than one and a half thousand banks of the USA that it will not offer the program of deposits guarantee any more.

The Wall Street Journal writes that Berkshire Hathaway’s decision may be connected with a situation in USA bank sector. So, from the beginning of year 11 regional banks have already gone bankrupt.
KBS has had in loss after Columbian Bank and Trus was ruined. As The Wall Street Journal marks, such decision will affect financial system of the USA.

The attention for the first time has been involved in a safety issue of lodgments after Californian IndyMac bankruptcy. Deposits in this bank, which bankruptcy became the largest during the crisis, have made nearby 19 billion dollars, and, according to FDIC, almost 95% of them were lodgments in volume of less than 100 thousand dollars, payments on which have laid down on the state insurer. In the end of August FDIC has already informed, that the number of problem American banks has grown on 30 % – from 90 up to 117.

Largest American medical insurance provider in state of Georgia – Blue Cross – has suffered from serious information leakage.
having studied the information about computer state experts of the analytical center of company Perimetrix have come to conclusion, that the firm is not able to arrange post dispatches and competently to test the software.
Blue Cross’s employees tried to send about 200 thousand letters to own clients; however, they have by mistake specified incorrect addresses on envelopes. According to Blue Cross representatives, the reason of a mistake relies in replacement certain «computer system», which new version has been tested not up to the end. In result of this mistake, addressees of letters have appeared under threat of theft of the person – in each envelope the weight of private data, including numbers of social insurance contained.
Except for outflow of financial data, now it is meaningful to speak about medical information outflow. In spite of the fact that these data have not been specified in letters directly, experts will manage to understand, what disease the present addressee of the letter suffered. Thus, Blue Cross has broken law requirements, demanding to protect the data making medical secret.

The elderly inhabitant of American state Wisconsin Bean Fenning has offered the unusual transaction to the potential buyers of the house: if he dies within 10 years after the conclusion of the contract on sale of the house, the buyer will receive $500 thousand under the contract on Fenning’s life insurance.
Cost of the house (the area is about 520 square meters) makes $498,9 thousand. According to local real estate agents given offer favorably distinguishes Fenning from other real estate sellers, demand on which in staff has sharply fallen because of the hypothec crisis, which has recently burst in the USA.
The buyer will receive nothing in case if Fenning will commit suicide or he will be killed.
The buyer can study Fenning’s medical card. The man proves, that his parents and sister have died, not having lived till 79 years old.

In the fourth quarter 2007 losses of American International Group (AIG) have reached the record sum of $5,29 billion because of the write-offs, connected with crisis in the hypothec market.
The world’s largest insurer did not face such losses for all 89-years history. Company AIG has not justified expectation of the analysts expected smaller losses – at the level of $0,15 per share.
For comparison, during the similar period of 2006 AIG has received net profit in the sum of $3,44 billion, or $1,31 per share.
The corrected losses for the fourth quarter have made $3,2 billion, or $1,25 per share. Thus in the fourth quarter, 2006, the company has taken the corrected net profit at the rate of $3,85 billion, or $1,47 per action.
The chapter of the company Martin Sullivan has declared, that despite of “obviously unsatisfactory results” and possible write-offs in the further, AIG does not think, that contents of its investment portfolio will strongly worsen in long-term prospect.