March 10, 2008
A hard-charging former prosecutor tries to set Wall Street right from his perch as a state official. His activist agenda brings populist praise, but also concerns he might overreach. Eliot Spitzer as New York attorney general in 2002, right? No, …
March 10, 2008
Warren Buffett’s Berkshire Hathaway Inc. will sell its 16.3 percent stake in White Mountains Insurance Group Ltd. in a transaction valued at $836 million, seven years after investing in the Bermuda-based insurer, White Mountains said Monday. Berkshire will exchange its …
March 10, 2008
Since this issue of Insurance Journal puts the spotlight on agency salaries, it’s only fair that the compensation of corporate CEOs come in for some scrutiny as well. No, we’re not going on a paycheck hunt, even though the information …
March 10, 2008
Teenage Deaths “We saw a clear tipping point between ages 12 and 14, where child passengers became much more likely to die in a crash than their younger counterparts. … Long before these children ever receive a learner’s permit, they …
March 10, 2008
Since this issue of Insurance Journal puts the spotlight on agency salaries, it’s only fair that the compensation of corporate CEOs come in for some scrutiny as well. No, we’re not going on a paycheck hunt, even though the information …
March 10, 2008
Since this issue of Insurance Journal puts the spotlight on agency salaries, it’s only fair that the compensation of corporate CEOs come in for some scrutiny as well. No, we’re not going on a paycheck hunt, even though the information …
March 10, 2008
The Party’s Over “That party is over. … It’s a certainty that insurance industry profit margins, including ours, will fall significantly in 2008. Prices are down, and exposures inexorably rise … So be prepared for lower insurance earnings during the …
March 10, 2008
Since this issue of Insurance Journal puts the spotlight on agency salaries, it’s only fair that the compensation of corporate CEOs come in for some scrutiny as well. No, we’re not going on a paycheck hunt, even though the information …
March 3, 2008
Warren Buffett on Monday said the U.S. economy is in recession and that “stocks are not cheap.” Speaking on CNBC television, Buffett also said he is no longer offering to guarantee $800 million of municipal bonds backed by MBIA Inc, …
February 29, 2008
Swiss Re, the world’s biggest reinsurer, made better than expected 2007 net profit, as it escaped further subprime writedowns in the fourth quarter, and gave a confident earnings outlook. It reported on Friday a smaller than expected 9 percent drop …