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Westfield Group Reports 35% Decline in Earnings
Wall Street Journal, The | 2 hours 21 minutes ago
MELBOURNE, Australia -- Westfield Group, the world's leading shopping-mall owner by market value, said Wednesday its interim net profit fell 35% as gains from property revaluations dropped.... (more)
Best Affirms Gen Re's A++ Rating
Insurance Journal | 5 hours ago
A.M. Best Co. has affirmed the financial strength rating (FSR) of 'A++' (Superior) and issuer credit ratings (ICR) of "aa+" of General Re Group and its members. The ratings apply to General Reinsurance Corporation (Delaware) and its core P/C and life reinsurance and insurance subsidiaries operating both in the United States and internationally.... (more)
The 10 Commandments Of Muni-Bond Investing
Forbes | 5 hours 54 minutes ago
The news from the municipal bond market continues to be mind-numbing. A cup of Starbucks coffee costs more than one share of Ambac. A gallon of gas costs more than one share of MBIA. And these very companies have insured many ofyour municipal bonds. The story is over for these and other municipal bond insurers, but don't let it be over for your muni portfolio.... (more)
Texas Mutual Insurance to Appeal 14th Court's Decision to Texas Supreme Court - Press Releases: PR Newswire: Insurance - SunHerald.com
Sun Herald (Biloxi-Gulfport, Miss.), The | 8 hours 31 minutes ago
AUSTIN, Texas, Aug. 27 -- Texas Mutual Insurance Company (TMIC) said it would appeal to the Supreme Court a decision handed down today by the 14th Court of Appeals.... (more)
Finger Lakes Partners Insurance and The Hanover to Offer 'Extreme Makeover: Home Edition' Hill Family Advice and Insurance;
InsuranceNewsNet | 8 hours 59 minutes ago
Insurance News Net Site Map... (more)
Florida Workers' Comp Rates to Drop For 6th Consecutive Year
Insurance Journal | 11 hours 7 minutes ago
Florida Insurance Commissioner Kevin McCarty received the latest rate filing from the National Council on Compensation Insurance for workers' compensation insurance rates due to become effective next year.... (more)
SCOR profits increase in first-half 2008 | Business Insurance News, Analysis & Articles
Business Insurance | 12 hours 20 minutes ago
PARIS—SCOR S.E., the Paris-based reinsurer, has reported a 21% increase in net profit to €225 million ($332.2 million) for the first half of 2008.... (more)
Scor Profit Falls 2.9%, Less Than Estimates, on Merger Costs
Bloomberg | 17 hours 47 minutes ago
By Fabio Benedetti-Valentini Aug. 27 (Bloomberg) -- , France's biggest reinsurer, said second-quarter net income fell 2.9 percent, less than analysts estimated, as a tax gain cushioned the impact of costs related to the purchase of Switzerland's Converium Holding AG. ... (more)
Scor Second-Quarter Profit Falls 2.9%, Hurt by Merger Costs
Bloomberg | 19 hours 44 minutes ago
By Fabio Benedetti-Valentini Aug. 27 (Bloomberg) -- , France's biggest reinsurer, said second-quarter net income fell 2.9 percent as a tax gain offset most of the costs related to the acquisition of Switzerland's Converium Holding AG. ... (more)
Ready or Not, Crawford May Soon Resume Normalcy - washingtonpost.com
Washington Post, The | 22 hours 23 minutes ago
CRAWFORD, Tex. -- These days, even protesters rarely visit this tiny town made famous as President Bush's favorite vacation spot.... (more)
Port Authority, FAA escalate fight over control of local runways
NJ.com | 1 day 1 hour 43 minutes ago
A battle over control of local airport runways escalated today when the Federal Aviation Administration and the Port Authority of New York and New Jersey took formal action against each other. The FAA initiated an administrative proceeding that signals its intent to investigate the Port Authority. And the Port Authority joined a lawsuit against the FAA. At issue is whether the FAA has the legal right to auction off available airport slots - technically, the right to fly a plane into or out ...... (more)
Software problem delays hundreds of flights
NJ.com | 1 day 1 hour 43 minutes ago
A software glitch at a Georgia facility that processes flight plans for the Federal Aviation Administration caused delays at airports across the eastern half of the country today. Hundreds of departing flights were stalled on the ground for as long as several hours after the system shutdown in Hampton, Ga., just south of Atlanta. Planes are not permitted to take off without flight-plan approval. Jennifer Brown/The Star-LedgerContinental Airlines planes at Newark Liberty International Airpor...... (more)
Should you pull the trigger on Claymore's ETFs?
Globe and Mail (Toronto), The | 1 day 2 hours 18 minutes ago
Canadians will now be able to buy homegrown exchange-traded funds (ETFs) that let them dip a toe into the pool of real estate and infrastructure assets across the world.... (more)
High River loses $286-million stock buy from Alfa Group
Globe and Mail (Toronto), The | 1 day 2 hours 18 minutes ago
TORONTO — ? ? High River Gold Mines Ltd. said Tuesday that Russian investment firm Alfa Group had cancelled plans to buy up to $286-million of High River's stock, due to deteriorating market conditions in the sector.... (more)
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Companies in the news
- Alfa Corp
- American Financial Group
- Compensation Insurance
- Crawford
- Farmers Alliance Mutual Insurance Company
- FinCor Holdings Inc.
- General Re Corporation
- Hanover Insurance Group Inc