Insurance probe doesn&#39;t frighten Century Shares
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Lanny Thorndike, whose Century Shares Trust mutual fund has about one-third of its assets in insurance stocks, is keeping his investments in Marsh &amp; McLennan and American International Group
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Warren Buffett&#39;s Berkshire Hathaway Inc. said the US Securities and Exchange Commission requested information on insurance policies that may help companies smooth earnings.
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The beleaguered drug giant&#39;s lowered forecast isn&#39;t as bad as Wall Street expected. But investors still await the long-term prognosis.
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The stock is oversold and even the worst-case scenario doesn't look too bad.
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Banks and insurers pushed European shares higher on Wednesday, with Britain&#39;s HBOS spearheading the gains on relief it would not be wading into a bidding war for domestic banking peer Abbey.
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â¢ Colorado Springs-based Century Casinos Inc. said third- quarter profits rose 35 percent to $1.23 million, or 9 cents a share, from $914,000, or 7 cents a share, in the year-ago period.
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Customers in search of a cheap airfare, antiques or a stock trade can scan the Web for good deals. But when it comes time for companies to buy group insurance policies, they&#39;ve largely
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The US stock market watchdog is examining transactions at the world's biggest insurance broker, scandal-hit Marsh & McLennan.
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Marsh & McLennan, the world's largest insurance broker, may survive its criminal investigation if it makes certain changes.
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Todayâs level of margin debt is probably not an indication that speculation has returned to the old levels.
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An earnings restatement driven by accounting changes doesn't change the big picture.
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The probe into insurance bid-rigging  by New York's attorney general widened to health insurers on  Tuesday, unnerving investors worried that more revelations of  wrongdoing and lower profits lie ahead.
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Qualities to look for when sizing up insurers' shares.
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Hurricane Frances will probably not rack up as large an insurance bill as initially feared. With premium hikes typically following big losses, thatâs good news for most insurance-buying companies not affected by the devastating storm.
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Shares of US mortgage lender New Century are suspended amid fears it may be close to bankruptcy.
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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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American International Group Inc  , the world's largest insurer, on Tuesday said potential  losses on a derivatives portfolio were not expected to be  material to the company.