International Business News - CB http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Shares of insurers opened mixed Thursday morning as the broader market veered between positive and negative territory after the Labor Department said the unemployment rate held steady at 5.5 percent in June. http://www.ibtimes.com/articles/20080703/opening-glance-insurers-open-mixed.htm Thu, 03 Jul 2008 10:07:53 EDT Shares of insurers mostly rose Wednesday morning along with the broader market despite expectations that a new report will show factory orders slowed in May because of shrinking demand due to higher energy prices. http://www.ibtimes.com/articles/20080702/opening-glance-insurers.htm Wed, 02 Jul 2008 10:06:03 EDT Shares of insurers were split Tuesday with financial insurers mostly declining while property and casualty insurers mostly rose. The broader market posted slight gains, rebounding from sharp declines earlier in the session as oil prices rose again toward a new record high. http://www.ibtimes.com/articles/20080701/closing-glance-insurers-end-mixed.htm Tue, 01 Jul 2008 16:11:28 EDT Shares of insurers mostly rose Tuesday morning even as the broader market declined amid continued worry about how rising oil prices will affect the economy. http://www.ibtimes.com/articles/20080701/opening-glance-insurers.htm Tue, 01 Jul 2008 10:10:03 EDT The American Insurance Association, which represents 350 major property and casualty insurance companies, spent $460,000 in the first quarter to lobby the federal government. http://www.ibtimes.com/articles/20080630/insurers-group-spent-460-000-lobbying-in-1q.htm Mon, 30 Jun 2008 12:29:21 EDT Shares of insurers mostly fell early Monday morning as the broader market slipped slightly on a continued rise in oil and amid a report that bond insurer MBIA Inc. is selling bonds to raise cash. http://www.ibtimes.com/articles/20080630/opening-glance-insurers.htm Mon, 30 Jun 2008 11:55:21 EDT Shares of insurers fell sharply Thursday along with the broader market as oil prices surged and companies in the financial, automotive and high-tech industries warned of slowdowns. http://www.ibtimes.com/articles/20080626/closing-glance-insurers.htm Thu, 26 Jun 2008 16:08:47 EDT Shares of insurers fell early Thursday morning after Specialty Underwriters' Alliance rejected a takeover bid that would have paid shareholders an 18 percent premium over Wednesday's closing price and as the broader market declined sharply. http://www.ibtimes.com/articles/20080626/opening-glance-insurers-decline.htm Thu, 26 Jun 2008 10:19:43 EDT Shares of insurers mostly rose Wednesday, holding onto gains after the Federal Reserve Board kept a key interest rate at 2 percent, but said rising energy prices are likely to quicken inflation and limit growth. http://www.ibtimes.com/articles/20080625/closing-glance-insurers-mostly-rise.htm Wed, 25 Jun 2008 16:25:50 EDT Shares of insurers mostly rose Wednesday morning as the broader market posted gains ahead of an expected announcement later in the day that the Federal Reserve Board will keep its key interest rate at 2 percent. http://www.ibtimes.com/articles/20080625/opening-glance-insurers.htm Wed, 25 Jun 2008 10:15:29 EDT Shares of insurers mostly fell Tuesday as broader markets declined amid continued worries rising oil prices will push inflation higher and Standard & Poor's/Case-Shiller home price index of 20 cities released Tuesday fell by 15.3 percent in April--its fastest rate since its inception in 2000. http://www.ibtimes.com/articles/20080624/opening-glance-insurers.htm Tue, 24 Jun 2008 10:06:14 EDT Shares of insurers mostly fell Monday as the broader financial-services sector declined amid continued concern over deterioration in the credit markets. http://www.ibtimes.com/articles/20080623/closing-glance-insurers-decline.htm Mon, 23 Jun 2008 16:31:37 EDT Shares of insurers mostly rose early Monday morning as broader markets rebounded slightly from steep declines last week as oil prices remained relatively flat and investors await the outcome of the Federal Reserve Board's upcoming meeting, which lets out Wednesday. http://www.ibtimes.com/articles/20080623/opening-glance-insurers.htm Mon, 23 Jun 2008 10:21:24 EDT Shares of insurers mostly fell as broader markets tumbled and a day after bond insurers Ambac Financial Group Inc. and MBIA Inc. saw their critical financial strength ratings cut by Moody's Investors Service. http://www.ibtimes.com/articles/20080620/closing-glance-insurers.htm Fri, 20 Jun 2008 16:08:48 EDT Shares of insurers mostly fell early Friday morning a day after Moody's Investors Service slashed the crucial financial strength ratings of bond insurers Ambac Financial Group Inc. and MBIA Inc. http://www.ibtimes.com/articles/20080620/opening-glance-insurers-fall-following-rating-cuts.htm Fri, 20 Jun 2008 09:58:22 EDT Chubb Corp. named John Degnan chief operating officer as part of several top management changes, the insurer said Thursday. Degnan, 63, replaces Thomas Motamed, who stepped down two weeks ago. A spokesman said Motamed plans to take a position with a competitor. http://www.ibtimes.com/articles/20080619/chubb-names-degnan-chief-operating-officer.htm Thu, 19 Jun 2008 16:37:04 EDT Shares of insurers mostly fell Thursday after mortgage insurer Triad Guaranty Inc. said it would stop generating new business after negotiations to create a new mortgage insurance unit with Lightyear Capital fell apart. http://www.ibtimes.com/articles/20080619/closing-glance-insurers-mostly-fall.htm Thu, 19 Jun 2008 16:04:16 EDT Shares of insurers were mixed early Thursday, with financial insurers mostly falling after Triad Guaranty said it would book no more new business. Financial insurers mostly declined as Triad Guaranty Inc. said it is going into run-off--a situation where it books no new business and only generates revenue on existing policies--after negotiations with Lightyear Capital LLC to start a new insurer broke down and Freddie Mac denied a request to overturn Triad's suspension as an approved mortgage insurer. http://www.ibtimes.com/articles/20080619/opening-glance-insurers-open-mixed.htm Thu, 19 Jun 2008 10:04:07 EDT Shares of insurers mostly fell Wednesday as Ambac Financial Group Inc. asked Fitch Ratings to withdraw its credit rating and as broader markets declined amid continued concerns about deterioration in the credit markets and the effects or rising fuel costs. http://www.ibtimes.com/articles/20080618/closing-glance-insurers.htm Wed, 18 Jun 2008 16:12:17 EDT Shares of insurers mostly fell early Wednesday morning along with declines in broader markets as FedEx Corp. was the latest to warn surging fuel costs will hurt future profits and Morgan Stanley said second-quarter profit declined 61 percent because of continued deterioration in the credit markets. http://www.ibtimes.com/articles/20080618/opening-glance-insurers-mostly-fall.htm Wed, 18 Jun 2008 10:14:16 EDT