Once upon a time in a country far, far away, a few visionaries (and, yes, a few con artists) laid the foundations of the multi-billion- dollar motion picture industry. It required taking considerable risks then, and it still does today. …
What did you know, and when did you know it?” Those questions from the Watergate era are increasingly being asked of the U.K.’s Financial Services Authority, which oversees the country’s insurance industry, in the wake of the spectacular meltdown of …
The fight for Reliance Insurance Company’s (RIC’s) assets between the Pennsylvania Department of Insurance (PDI), which took over the failed insurer last June, and the creditors and investors of its parent company, Reliance Group Holdings (RGH), which has filed for …
The fight for Reliance Insurance Company’s (RIC) assets between the Pennsylvania Department of Insurance (PDI), which took over the failed insurer last June, and the creditors and investors of its parent company, Reliance Group Holdings (RGH), which has filed for …
Jim Hickey, the founder of the Environmental Insurance Agency in Portland, described environmental claims in general and asbestos claims in particular as “the shroud over the industry,” or harbingers of impending doom. Hickey, like everybody else, expected asbestos-related claims to …
Jim Hickey, the founder of the Environmental Insurance Agency in Portland, described environmental claims in general and asbestos claims in particular as “the shroud over the industry,” or harbingers of impending doom. Hickey, like everybody else, expected asbestos-related claims to …
In the short term, it’s extremely difficult to predict whether a stock will go up or down. The many factors involved are open to widely varied interpretations. Trends in a given sector can be spotted over time, but it’s purely …
It’s extremely difficult to predict whether a stock will go up or down-more so in the sort term. Too many factors involved, which are open to widely varied interpretations. Trends in a given sector can be spotted over time, but …
What did you know, and when did you know it?” Those questions from the Watergate era are increasingly being asked of the U.K.’s Financial Services Authority, which oversees the country’s insurance industry, in the wake of the spectacular meltdown of …
Reliance Group Holdings (RGH), the parent company of Reliance Insurance Company (RIC), one of America’s oldest insurers which traces its roots back to 1817, filed for bankruptcy protection in the Southern District of New York on June 12. The petition …
