Promoters of concerts take on great risks. Many performing stars are temperamental, have addictions and are sick often, thus having concerts canceled since the star can not perform. These risks along with other risks as rented stage or venue facing a peril, performer just decides not to perform, security issues where authorities close down the [...]
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Introduction - Welcome! This Newsletter is sponsored by Wm. E. Morrell Inc.(Morrell Insurance, founded in 1909) for the purpose of having [...] Life-insurance companies shares have surged lately, and some have stated they do not require government financial assistance from the TARP. Downgrades for insurance stocks by rating agencies have also halted. Just a few months back, financial stocks including insurance companies were in a melt down - stocks were falling and downgrades were a daily activity. Despite first-quarter profits being dragged dawn by winter storm claims, The Hanover Insurance Group Inc. earned its third ratings upgrade in 15 months, the Worcester, Mass.-based multi-regional … WASHINGTON (Dow Jones)–Chief executives of the U.S. property-casualty insurance sector rejected proposals for the industry to receive federal bailout funds, a stark contrast to lobbying efforts by life insurance carriers to obtain access. Last week the US Airways Flight 1549 made a forced landing in the Hudson River. The crew reported that the plane struck a flock of birds shortly after taking off from La Guardia Airport in New York City. Thankfully, all the passengers escaped after the ordeal.It was reported that the … Introduction - Welcome! This Newsletter is sponsored by Wm. E. Morrell Inc.(Morrell Insurance, founded in 1909) for the purpose of having [...] State Insurance Regulators are meeting in Texas this weekend to discuss the options of reducing the capital requirements of life insurance carriers. This should also apply to annuity contract carriers as well since Universal Life contracts are actually term life contracts mixed with an annuities. Life insurers are seeking ways … Recently, (December 5th) The Hartford held a New York Investment Meeting which reported a strong financial balance sheet. Although, it is apparent from their news release summary for this meeting that the insurance company does not require TARP funding, The Hartford several months ago applied for the funding. Possibly, … The Hartford held a New York Investor meeting yesterday, December 5th 2008. The summary from the meeting can found as a news release from their web site. The Hartford reported that "OPERATING BUSINESSES PERFORMING WELL" and also reported that "The Hartford is well capitalized and has ample liquidity. Our statutory … |
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