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By Arthur D. Postal, PropertyCasualty360.com |
April 18, 2012
The Federal Reserve Bank of New York announced late Wednesday that it is exploring the sale of collateralized debt obligations originally owned by AIG’s troubled Financial Products Group.
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By Robert Regis Hyle, PropertyCasualty360.com |
January 25, 2012
Guidewire Software’s initial public offering and introduction on the New York Stock Exchange today culminates over a decade of growth as one of the industry’s leading providers of core-system solutions for property & casualty insurance carriers.
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By Mark E. Ruquet, PropertyCasualty360.com |
July 13, 2011
Moody’s says it expects Marsh & McLennan Cos. Inc. to remain the preeminent player in its primary business of insurance broking and consulting, as moves to improve business performance gain traction.
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By Mark E. Ruquet, PropertyCasualty360.com |
July 1, 2011
Allstate’s plan to acquire online direct insurer Esurance could benefit Progressive in part because of an expected cutback in advertising, according to a financial analyst.
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By Mark E. Ruquet, PropertyCasualty360.com |
June 17, 2011
Reinsurance carriers are either a great stock to buy or an indicator of a hard-market turn, depending on how catastrophes shake out this hurricane season, say experts.
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By Mark E. Ruquet, PropertyCasualty360.com |
April 11, 2011
With plenty of capital still in the pipelines, no industrywide price increase is expected from Japan’s Tohoku earthquake—and any talk about a hard market is being greeted with skepticism, at least by one financial analyst.
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By Mark E. Ruquet, PropertyCasualty360.com |
April 5, 2011
With plenty of capital still in the pipelines, no industrywide price increase is expected from Japan’s Tohoku earthquake, and any talk about a hard market is being greeted with skepticism, according to a financial analyst.
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By Chad Hemenway, PropertyCasualty360.com |
March 1, 2011
Allstate Insurance Company has filed its fifth lawsuit in New York against a bank over investment losses on residential mortgage-backed securities.
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By Chad Hemenway, PropertyCasualty360.com |
February 23, 2011
Allstate Corp. has filed another lawsuit related to mortgage-backed securities in an attempt to get back what the insurer thinks it is owed.
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By Mark E. Ruquet, PropertyCasualty360.com |
December 1, 2010
Stock share buy-backs are a well accepted practice for improving shareholder value, but investors and insurers may not benefit in the property and casualty insurance industry, according to an analyst's note.