A Las Vegas research firm says the struggling economy should bring commercial construction to a virtual standstill around Las Vegas next year. However, some local insurance agents and brokers said they believe that prediction may be too dire, and that …
Tony Campisi and Bill Kronenberg used to tease each other about merging their two Pennsylvania brokerage organizations. Just about a year ago, they started talking for real. On the last day of December, 2008, the deal was struck. Campisi’s York-based …
Fitch Ratings said Thursday it may cut its ratings on Warren Buffett’s Berkshire Hathaway Inc on concerns about the effect its planned acquisition of Burlington Northern Santa Fe Corp. will have on its asset profile and capitalization. Fitch said it …
U.S. companies of all sizes would get to apply losses in 2008 or 2009 to prior income over five years to receive tax refunds under a bill that passed the Senate by a unanimous vote Wednesday. The provision was added …
American International Group may be a shadow of its former self but for the second straight quarter it has posted a profit. AIG reported net income of $455 million. Third quarter 2009 adjusted net income was $1.9 billion, compared to …
Lower profit margins, the downturn in the economy and significant premium increases are among the reasons small business employers have more difficulty than larger competitors affording insurance coverage for their workforce, according to the National Association of Insurance Commissioners (NAIC). …
The government should have the authority to break up or reconstruct financial firms before they become “too big to fail,” a prominent U.S. lawmaker said on Tuesday. The House Financial Services Committee is expected to start crafting legislation this week …
Colorado employers will be looking forward to additional financial relief next year by paying lower premiums for workers compensation insurance due to the announcement that a significant component of workers compensation premiums, known as loss costs, will drop 9.7 percent. …
Looking out 12 to 24 months, small business owners say their companies will emerge from the recession strong and well positioned for growth over the next two years, leading the U.S. to economic recovery. According to new study, The Guardian …
Montana Commissioner of Securities and Insurance Monica J. Lindeen has been appointed to the North American Securities Administrators Association’s (NASAA) Federal Legislation Committee, a key committee as Congress continues the work of reforming the nation’s financial regulatory system. “Reinforcing consumer …
