politics News

Big Corporate Political Spenders Often Worst Market Performers: Study

Despite a popular belief that spending on lobbyists and political gifts yield fat dividends for business, a study has found just the opposite – that in general higher corporate spending in Washington is linked to worse market performance. Researchers from …

Does the Legacy of the Great War Still Haunt Europe?

As Americans and much of the rest of the world pause to honor the men and women who have served their country, one is reminded of the significance of the date – November 11. 93 years ago the guns of …

‘Hank’ Greenberg to Host Fundraiser for Republican Candidate Perry

C. V. Starr & Co. Inc. Chairman and CEO Maurice “Hank” Greenberg is scheduled to host a fundraising event in New York on Tuesday, Sept. 20, for Texas Gov. Rick Perry. Perry is one of the leading Republican Party candidates …

Casualty Actuaries Should Consider Foreign Customs, Economics, Politics

A bulletin from the Insurance Information Institute notes that a recent Casualty Actuarial Society seminar advises actuaries that when it comes to pricing global reinsurance business, it’s important to remember that “all risks are local.” Athula Alwis, associate vice president …

November Elections Brought Insurance Power Shift

The Republican takeover of the House of Representatives bodes well for the insurance industry, according to one leading Washington insurance lobbyist. “I think it will be an environment that will be a little more balanced for the pro business viewpoint. …

House to Vote on Healthcare Repeal Next Week

The U.S. House of Representatives will resume action next week on repealing President Barack Obama’s landmark healthcare overhaul, a House Republican spokesman said Thursday. The House had been expected to act this week on the repeal bill, but the vote …