A Warning on Insurers Frays Nerves
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The Federal Reserve tried to soothe Wall Streetâs nerves on Wednesday, but a fund manager frayed them by warning that two pillars of the financial markets might crumble.
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The ups and downs in the stock market are among the mildest experienced for more than a century, and that is provoking anxiety in some investment advisers.
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With Hurricane Frances careering toward Florida and expected to hit as soon as today, insurers are facing the growing likelihood of getting smacked with two massive storms, back to back.
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Concerns about a spending slowdown continue to make IT investors nervous.
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Some of the nationâs biggest insurance companies want to change rules that enable some of their competitors to avoid billions of dollars in federal taxes by sending money to themselves in tax havens.
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You wouldn't ask your banker to  choose stocks for you, or your dentist to check out your bum  knee, even though their fields are related. So don't expect  your life insurance agent to answer all of your questions about  long-term care insurance.
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Florida insurers, after weathering two hurricanes in the last month, are scrambling to compile damage assessments while bracing for another potential storm this weekend that could further erode profits.
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The insurance industry is one of Washington's fiercest and best-funded lobbies, so it rarely gets surprised. But last week several industry representatives privately acknowledged amazement that their most important federal benefit -- an antitrust exemption -- is in danger.
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The Asian earthquake and tsunami catastrophe has unleashed financial damage in the tens of billions of dollars but foreign insurers will get off lightly, according to a top US industry body.
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Some of them should be more worried than you are.
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Insuring companies for costs related to data breaches used to be a slow business, but after the multimillion-dollar TJX case, companies are suddenly scrambling for coverage -- and some are being rejected by insurers for inadequate policies and procedures.
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A class-action lawyer's lenient plea deal sends a bad message.
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Fear of bond insurers losing their  investment-grade credit ratings is rattling investors as  estimates mount for the cost of paying for the latest chapter  in the widening U.S. credit crisis.
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Interest rate fears add to jitters in financial markets.
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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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America&#39;s largest insurer is in hot water again with regulators. American International Group (AIG ) said on Oct. 4 that officials at the Securities &amp; Exchange Commission and the Justice Dept.
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Insurers seek to calm fears that they face huge losses after an earthquake and giant waves killed at least 23,000 people in southern Asia.