NEW YORK--Property-casualty insurers with simple management strategies weathered 2008 economic troubles better than carriers who branched out into other financial services sectors, industry experts
"Our move to rename AIGFA evolved out of AIG's decision last fall to divest businesses outside of its core property and casualty insurance operations, including our broker-dealer organization," said
"Our move to rename AIGFA evolved out of AIG's decision last fall to divest businesses outside of its core property and casualty insurance operations, including our broker-dealer organization," said
Fitch Ratings expects more downgrades than upgrades within each of the property-casualty sectors over the next 12-to-18 months, as core underwriting results fail to improve in 2009 and profitability
State-based insurance regulation has performed admirably through the U.S. economic crisis, and the turmoil in the financial markets should not be seen as a reason for implementing federal regulation
Jonathan Legge, a managing director with Mercator Risk Services, said the reverberations will likely register as investment advisors and banks that invested clients' money through Mr. Madoff are hit w
Jonathan Legge, a managing director with Mercator Risk Services, said the reverberations will likely register as investment advisors and banks that invested clients' money through Mr. Madoff are hit
While no sector is immune to the recession, property-casualty insurers are well positioned to weather the economic turbulence ahead and emerge in a strong position when conditions inevitably turn
Automaker Hyundai said it is offering a program, said to be unique in the United States, that will allow consumers to return cars and cancel their auto loans if they lose their jobs or experience any