Dutch-Belgian bank and insurance company Fortis posted a 49% decline in second-quarter net profit and gave a cautious outlook, saying "the overall economic environment is becoming more difficult."[...]
Miami Herald |
August 5th, 2008 |
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The Florida Catastrophic Storm Risk Management Center has launched www.stormrisk.org, a one-stop resource for citizens who want to learn about Florida's property insurance issues, especially in relation to hurricanes.[...]
Insurance entrepreneur Rory Carvill could be about to make another multi-million pound fortune after entering into talks to sell a stake in reinsurance broker Carvill to an American private equity fund.[...]
Jim Epolito probably looks a bit tired. The CEO of the Michigan Economic Development Corp. just returned from a whirlwind four-day trip to Russia, where he was the first American to drive the new Volga Siber.[...]
Before there were cell phones in Philadelphia, the Cherry Hill-born, Main Line-bred Cloetingh brothers, Stephen and Thomas, set up a firm to insure those bulky $3,000 models against getting dropped or stolen.[...]
Most Americans have auto insurance, health insurance, dental insurance, homeowners or renters insurance, life insurance, maybe disability[...]
Always in need of a lift as they continue to take structured finance related hits, the bond insurers rallied Friday on news that No. 2 monoline Ambac Financial Group Inc. wiped one of its largest toxic structured finance exposure off of its books as it agreed to settle an unnamed [...]
Portfolio |
August 3rd, 2008 |
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A Response to the Gates Foundation Memo: Stephen Landsburg lays into the "creative capitalists". I Heart Adam Smith: He groks all the contradictions in the nexus between wealth and happiness. Riches to Rags: "Phillips believes the agony of the American consumer is a function of 'the global crisis of American [...]
Law.com |
July 29th, 2008 |
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Starting in mid-January 2009, New York will bar personal injury or wrongful death insurers from disclaiming coverage due to a late notice of claim, filed within two years of an accident, unless insurers were "materially prejudiced" by the delay. The new law also allows injured parties, where coverage is disclaimed [...]
The wave of advanced baseball number crunching has helped teams get more out of their personnel budgets and has helped players reach their potential. It can also help fans get more out of the sport. Jose Hernandez capped the Brewers' comeback from a seven-run deficit in the ninth inning with [...]
In a utopian world, the perfect dividend stock would be one that is both high-yield and provide a high dividend growth rate. Its share price would appreciate ratable with its increasing dividend. All of this would be driven by increasing earnings and cash flow. OK, so much for my fantasies, [...]
Finally Merrill Lynch (MER) did the dirty deed; selling off assets at 22 cents on the dollar. You can almost hear the shuddering across the other banks as this now marks "fair value" on this junk. Folks, some of these guys still have assets market at the full dollar because [...]
A follow-up on a post from March based on yesterday's news from Berkshire Hathaway (BRK.A). Whitney Tilson and Andy Kilpatrick (who wrote the best book on Berkshire, "Of Permanent Value") were on CNBC yesterday discussing the subject. Before we go on, watch what they said.[...]
A Naples investment banker has been named to chair the board of governors for the state-backed property insurance company, Citizens.[...]
Well, there was an announcement from Merrill about some things: Selling CDO AssetsSettling monoline issuesSelling equity Now, while all these are important, #2 is better covered elsewhere as I think reliance on insurers was stupid to begin with and #3 is what it is… best left for analyst reports for [...]
Japan's largest brokerage has booked provisions against bond insurers hit by the global credit crisis and written down its investment in a US asset management firm[...]
NM-Albuquerque, Description Infinity Insurance Company , a national provider of personal automobile insurance is seeking a dynamic, enthusiastic Business Development Representative . This self-starter will be respons[...]
NY-Long Island, An Insurance Company on Long Island is seeking an individual to help in their office support functions. Duties: To answer and redirect incoming claim calls to the appropriate claims adjuster Minimal f[...]
PA-Pittsburgh, Join ConsultUSA! Get free BA, PM or technical certifications. Other perks: 75% paid healthcare, full-time/unlimited bench-time, PTO, team outings, entrepreneurial opportunities, life insurance, paid h[...]
TX-Dallas, SUPERVISOR DATA ANALYSIS SCOR Global Life U.S. is a Reinsurance company based in Dallas , Texas that supports Life Insurance companies by providing solutions and capacity in life and Annuity products.[...]
