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aigdirect’s new name is one for the history books
About six weeks ago, I suggested in this blog that AIG stood for Anything I can Get and that’s exactly what the global insurer has proven. Since that pronouncement, the bankrolling by Uncle Sam has...
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With more mergers and acquisitions, insurance industry shows new life
The number of insurance industry mergers and acquisitions has jumped in the last few months, after two years of minimal activity. Consider that in the last few weeks: Markel Corp. said it would acquire...
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Farmers finds the last untapped insurance market: Farmville
Everyone knows the property-casualty insurance world is hurting. Any agent will tell you that the market is soft (isn’t it more Koosh ball squishy) and that, despite stimulus spending, there remain...
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Social Security book’s history as mysterious as program’s future
Mystery regarding the Social Security system and how long and if it will pay retirees benefits is nothing new. Now a book, promising to “expose the truth” about the Social Security trust fund, is...
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