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| | Yahoo! Finance: Property & Casualty Insurance Industry News | | |
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| | | [at Financial Times] - When Mike McGavick was thrown in at the deep end of the nascent financial meltdown in early 2008, he recalled a lesson from the late 1980s. | | | | | |
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| | | [AP] - Shares of American International Group fell 5 percent Friday after the U.S. Treasury Department said it had completed a restructuring that allowed it to repay bailout funds it received during the height of the financial crisis. | | | | | |
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| | | [Business Wire] - CNA Financial Corporation announced that Andy Hall is returning to CNA as branch vice president of its Seattle office. In this position, Hall will be responsible for expanding CNA's profitable growth and producer relationships throughout the Northwest. | | | | | |
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| | | [AP] - The remaining charge against former Marsh & McLennan Cos. executive Edward McNenney was dismissed this week after the New York Attorney General declined to retry the case, according to a statement Friday from McNenney's attorneys at Cooley LLP. | | | | | |
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| | | [at MarketWatch] - American International Group repays $21 billion it borrowed from the Federal Reserve, while the Treasury Department exchanges its preferred shares into common stock, leaving it owning about 92% of the insurer. | | | | | |
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| | | [AP] - A federal judge in Michigan has dismissed a lawsuit challenging the bailout of American International Group on religious grounds. | | | | | |
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| | | [at Financial Times] - On Wednesday night all the rhetoric and hand-wringing over bankers' bonuses that has dominated the British parliament and press since the new year was distilled into something small but very tangible. | | | | | |
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| | | [at MarketWatch] - Treasury secretary tells TARP bailout oversight group that U.S. government "may have to do exceptional things again" if there's another financial crisis as large as the last one. | | | | | |
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| | | [Business Wire] - CNA recently introduced its new School of Risk Control Excellence® catalog and courses for 2011. Designed with agents, business owners and risk managers in mind, more than 200 SORCE courses are available to help them better understand and manage potential business risks. | | | | | |
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| | | [at MarketWatch] - Treasury secretary tells TARP bailout oversight group that U.S. government "may have to do exceptional things again" if there's another financial crisis as large as the last one. | | | | | |
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| | | [Business Wire] - Argo Group International Holdings, Ltd. , an international underwriter of specialty insurance and reinsurance products, announced today the appointment of Andrew Carrier to the newly created position of group chief underwriting officer. | | | | | |
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| | | [GlobeNewswire] - GRAND CAYMAN, Cayman Islands -- Greenlight Capital Re, Ltd. , a multi-line broker market property and casualty reinsurance company with a partnership approach to underwriting, today announced the appointment of Jim Ehman as Vice President and Senior Underwriter. | | | | | |
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| | | [at MarketWatch] - Whitney Tilson, longtime Berkshire investor, expects "mother of all earnings reports" from Warren Buffett's insurance-focused conglomerate. | | | | | |
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| | | [Business Wire] - Aspen Insurance Holdings Limited will release its fourth quarter and year-end 2010 financial results on Monday, February 7, 2011, following the close of U.S. markets. The Company will hold a conference call to discuss its financial results on Tuesday, February 8, 2011 at 8:30 a.m. . | | | | | |
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| | | [at Barrons.com] - Price implies the stock will trade at 46 after warrant issuance. | | | | | |
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| | | [Business Wire] - RenaissanceRe Holdings Ltd. announced today that its wholly owned subsidiary, RenRe North America Holdings Inc. , is soliciting consents from the holders of RRNAH's outstanding 5.75% Senior Notes due 2020 , for a one-time waiver of the merger and sales covenant set forth in the indenture under which the Notes were issued. | | | | | |
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| | | [Business Wire] - American Financial Group, Inc. expects to release its 2010 fourth quarter and full year earnings after the market closes on Thursday, February 3, 2011. The earnings release will be available shortly thereafter on AFG's website at www.AFGinc.com. | | | | | |
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