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Monday 4 May 2009

Buffett says life insurers took "crazy" bets

Buffett says life insurers took "crazy" bets
Reuters - USA
Insurance makes up about half of Berkshire's operations, including auto insurer Geico, property-catastrophe units and a bond insurer formed a little over a ...
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Buffett says pricing limits bond insurance biz
Reuters - USA
OMAHA, Neb., May 3 (Reuters) - Berkshire Hathaway Chairman Warren Buffett says the company's young bond insurance unit has not been writing much new ...
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Poll shows support for public health insurance
Chicago Tribune - United States
AP DES MOINES, Iowa - More than half of Iowans support a public health insurance plan, and almost half of the state's residents who aren't already insured ...
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Union appeals to banks and insurance firms to stop job cuts
guardian.co.uk - UK
White-collar workers have been among the hardest hit by the economic downturn as hobbled banks and insurance firms take drastic action to restore profits. ...
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Insurance still pillar of Berkshire empire: Buffett
Washington Post - United States
Insurance, along with utilities, another big business for Berkshire, are sectors "relatively unaffected by the recession," he said. ...
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Hindu Business Line
Life insurance cos witness rise in renewal premiums in 2008-09
Hindu Business Line - Chennai,India
Mumbai, May 3 Even though investors were wary of buying new life insurance policies in the just ended fiscal, they did ensure that they did not let their ...
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US bank failures total 31
The Australian - Sydney,Australia
The Federal Deposit Insurance Corporation estimated the Atlanta bank's failure would cost its deposit insurance fund $US1.3 billion ($1.77 billion). ...
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Albany Times Union
Wonder if truck driver took that extra rental insurance
Albany Times Union - Albany,NY,USA
Police say a fleeing motorist in a rental truck left a trail of sparks as he tried to get away from police during an 11-minute chase that stretched through ...
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Local bank buys Wasatch deposits
Logan Herald Journal - UT,USA
Called the "least costly" resolution for the Federal Deposit Insurance Corporation when compared to alternatives, the Cache Valley Bank has assumed deposits ...
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Majority of Iowans want public health insurance plan
DesMoinesRegister.com - Des Moines,IA,USA
More than half of Iowa adults want the federal government to offer a public health insurance plan as an alternative to private coverage, even though most ...
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