Troubled times for insurers
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IT HAS been a rough few years for insurers - and, this week, it just got a lot worse. The attack by Eliot Spitzer, New Yorkâs attorney general, on the probity of the United States insurance industry - and
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Insurance brokers, whose images and share prices have both plunged in a fees scandal, will struggle to make up the hundreds of millions
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For insurers, though, the third hurricane in almost as many weeks could herald an earnings hit. For Allstate (NYSE: ALL), Chubb (NYSE: CB), and St.
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With three major airlines now in a fiscal tailspin, concern is growing not only that this industry may be facing a large-scale pension funding crisis, but also that all defined benefit plan sponsors could wind up paying for these companies&#39; failures.
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WASHINGTON, DC - Investors in Fannie Mae and Freddie Mac are feeling some pain in the wake of Fannie&#39;s recent accounting problems.
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After Hurricane Ivan pummeled a wide  swath of land along the Gulf of Mexico Thursday, some U.S.  insurers swamped by the third major hurricane of 2004 might  find their profits gone with the wind.
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With recession looming, there are pitfalls and opportunities.
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Hurricane Frances threatens to deliver a powerful blow to private insurers and reinsurers and could cause severe challenges for some companies, Standard &amp; Poor&#39;s said on Friday.
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The cost of insuring companies against   lawsuits from products such as faulty tires and asbestos has   dropped as much as 10 percent this year, the largest decline in   more than a decade, insurance specialists say.
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The fall can be an anxious time for employees, as companies hold their annual open enrollment periods and invite workers to choose benefits from a complex range of health insurance, disability coverage, and retirement savings alternatives.
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An investigation into U.S. insurers and brokers rattled insurance industry stocks for a second day on Friday as investors, shaken further by subpoenas delivered to the top U.S. life insurer, struggled to gauge how deep the probe might reach.
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A chill is in the air for hospitals accustomed to having insurers pay ever higher prices for hospital services. That era appears to be ending.
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The obscure market for insurance securities will be put to the test as a looming economic downturn strains companiesâ finances.
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While it might be tempting to go bargain hunting in the mortgage industry, investment advisers donât think that prices yet fully reflect the troubles the industry is likely to see in the coming months.
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Knight Trading suffers through the midst of some real trading doldrums.
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The notion that the failure of even one big bond insurer might touch off a chain reaction of losses across the financial world has unnerved Wall Street.
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Older investors are facing tough economic realities as a result of the disappointing U.S. stock market this year.