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Financial services and insurance, most read


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Financial services and insurance, most read

Most read stories for the week include an S&P Global Market Intelligence report on Raymond James & Associates making the largest-ever depository M&A deal and on Progressive's January 2018 earnings report.

Quick start for Raymond James in depository M&A league tables

In the first few weeks of 2018, Raymond James & Associates Inc. has landed its largest-ever depository M&A deal and roles on three other announced bank and thrift deals.

MetLife CEO calls annuity payments failure 'deeply embarrassing'

MetLife Inc. President and CEO Steven Kandarian called the missing annuitant issue "not our finest hour" and said the insurer would hold to account those responsible for MetLife failing to send annuity payments to thousands of individuals.

Reserve charge partly to blame for State Fund's 149.4% combined ratio

State Compensation Insurance Fund posted its largest net underwriting loss in three years thanks in part to adverse prior-year reserve development.

Progressive firing on all cylinders as 2018 begins

After 2017 left private-passenger auto insurance industry observers wondering how much market share the rapidly growing Progressive Corp. had gained, the company's January 2018 earnings report shows that its top-line momentum did not stop at year-end.

Despite wage increase headlines, early effects of tax reform hard to disentangle

The announcements that some companies are raising wages will add more money to those workers' pockets, but it remains to be seen whether enough employers will boost pay and drive a major pickup in wage growth.