Archive for the ‘Legal’ tag
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Department of Risk Management and Insurance
Robert Hoyt Department Head, Risk Management and Insurance and Moore Chair of Insurance "I have yet to meet a student where I can't identify an opportunity within the risk management and insurance field that would be a perfect fit for them."
Recap – Bernanke Testimony – Bloomberg
Senate Budget Committee Hammers Fed’s Bernanke on AIG Bailout; Bernanke Says AIG Was Hedge Fund Attached to Unstable Insurance Company, Insists Bank Bailout is Essential to Ending Recession and Helping Main Street (Bloomberg News)
Inside Look – Financial Crisis Panel Meets – Bloomberg
Interview with FCIC Chairman Philip Angelides (Bloomberg News)
In-Depth Look – Financial Flip – Bloomberg
Troubled Financials Shares Rising Despite the 0 Billion Black Hole Looming (Bloomberg News)
Inside Look – Fixing the Financial System – Bloomberg
Interview with Alan Beattie, Former Bank of England Economist and Author of “False Economy” (Bloomberg News)
Hartford Financial Plunges on Moody’s Rating Cut – Bloomberg
Hartford Shares Fall Over 26% After Moody’s Cuts Rating, This After Already Reporting an 6 Million 4Q Loss and Cutting Dividend by 84%; Hartford CFO Assures Liquidity Position is “Very Strong”
Regulated Insurance Firms are Solvent, Can Pay Claims
Interview with NY State Insurance Superintendent Eric Dinallo
The NAIC stands firm in protecting life insurance and annuity owners.
In this weeks edition of Speaking of Settlements, Mark Wahlstrom discusses the recent decision by the NAIC to not cave into the pressure of the moment from the life insurance industry to relax the reserve and financial requirements that protect policyholders. Many life insurance companies, among them Hartford Life, Lincoln Financial and others wanted to be able to put less money into statutory reserves in order to protect the long term guarantees in certain lines of annuity products. This …
Final Word – Stock Focus: Genworth Financial
Genworth Down Almost 50% at One Point; According to Merrill Lynch Analyst, the Insurance Company, Like AIG, Has Above Average Exposure to Housing Market; Genworth Disclosed Exposure to AIG and Lehman After Disclosing Exposure to Fannie and Freddie a Week
Survey Says – Signs of Strain in Commercial Real Estate – Bloomberg
Commercial Real Estate Concerns – Interview with Susan Smith of PricewaterhouseCoopers (Bloomberg News)
