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[...]

Texas Instruments, Zenith National Insurance, Dow Chemical, Range Resources and Amerigroup downgraded.[...]

CNA Financial Corporation (CNA) Q2 FY08 Earnings Call[...]