A Richmond, Va.-based financial services firm reported net income of $75 million for the fourth quarter of 2009, an increase from its net loss of $321 million for the same quarter in 2008.

A Radnor, Pa., insurer is participating in a new pilot project by the National Association of Insurance Commissioners to improve the efficiency of national licensing for firms to enter insurance …  Read →

Richmond, Va.-based Genworth Financial reported a net loss of $50 million in the second quarter, fueled in part by shrinking life insurance sales as people avoided universal life policies in …  Read →