American International Group’s meltdown may serve at least one (if not more) positive purpose: spotlighting the difference between the insurance...
Economy News
A prolonged recession and a tight credit market would cripple New Orleans’ still-fragile recovery from Hurricane Katrina, delaying or eliminating...
Allowing Lehman Brothers to fail last month was a major mistake for the equilibrium of the global financial system, French...
The five-year period spanning from 2003-2007 served the homeowners insurance line favorably after the dismal 20-year period that preceded it,...
European governments struggled on Monday to shelter banks and bank depositors from a global financial crisis that is eroding confidence,...
With the passage of the $700 billion rescue package, the financial industry will face greater congressional scrutiny in coming weeks...
These are historic times. The country and the world are learning the hard way how intertwined the insurance industry is...
Midwestern reaction to a proposed bail out of insurance giant American International Group (AIG) has been varied. In Chicago Mayor...
The Hartford Financial Services Group, Inc. announced that it will receive a $2.5 billion capital investment from Allianz SE. The...
These are historic times. The country and the world are learning the hard way how intertwined the insurance industry is...