If Republicans make big gains in U.S. Congressional elections on Tuesday, as expected, Wall Street and big banks will have sweet, but incomplete, revenge on Democrats who drove through sweeping financial reforms against industry opposition. The likeliest outcome of Democrats …
California has a $1.85 trillion economy that ranks it as a global financial power, thanks in part to a multi-billion dollar boost from the property/casualty insurance industry, according to a new report. In 2007, insurers contributed $30.1 billion to California’s …
Halloween is scary fun for kids—and for some insurance agents, too. These insurance professionals make sure their clients who manage haunted houses, corn mazes, pumpkin patches and other Halloween attractions are protected should any of their tricks or treats turn …
Indianapolis-based Oak Street Funding, one of the largest insurance lending firms for the insurance industry and insurance agencies, has been acquired by private equity firms managed by the firm Angelo, Gordon & Co. Terms of the deal were not disclosed. …
Economic recovery in the United States is now very dependent on the state of mind of the American public and its business leaders, according to William R. Berkley, founder, chairman and CEO of W.R. Berkley Corporation. “No one in Washington …
The newly installed UK government has been announcing cutbacks in all sectors of the economy in order to bring down Britain’s budget deficit. The cuts will effect investment in flood defense spending as well. Nick Starling, the Association of British …
Insurers are under growing pressure from two fronts, each of which promises to be a key focus in earnings reports the next two weeks — depressed interest rates that could dampen investment income in coming years and tight markets that …
An executive of a national insurance company trade group told insurance CEOs and senior executives that America faces a struggle between two competing visions for the future – a choice between a free market system and an expanded federal government. …
Climate change is set to drive the spread of invasive plant and animal species, threatening forests, fisheries and crops, in a double blow to nature and livelihoods, a World Bank-funded report said on Friday. The study by Nairobi-based Global Invasive …
Masked youths clad in black have torched cars, smashed storefronts and thrown up roadblocks, clashing with riot police across France as protests over raising the retirement age to 62 took a radical turn. Hundreds of flights were canceled Tuesday as …
