GLG News by Insurance Run-off Experts

The current subprime problems will likely affirm the need for things like Sarbanes-Okley & Corporate Governance? While the US has certainly developed a reputation for being litigious, holding some accountable for the fall out on the subprime issues should not be limped in this category!...

If the Rode Island Lead Paint ruling is upheld 3 companies face billions in exposure! Was this another case in which the jury heard just a little to much possible wrongdoing & skipped Proximate Cause right to send a message?

The characteristics of Nonstandard Auto insurance listed in this article are well known, and one can find information at the Casualty Actuarial Society website www.casact.org by entering a search string such as “nonstandard auto”.   Any business entering this market must understand the effect...

The Fed does not know what to do after they reduce interest tomorrow. This follows on the tail of the bailout of Bear Sterns in a sweet heart deal with JP Morgan/ Chase, and the opening of the FED window to non-depositories. The next issue and crisis is going to be the dollar value and its impact on...

1. Market reacts to Bear liquidity and FED temporary bailout plan by dropping over 200 points. 2. Will market continue to yo-yo as these events happen. 3. Will FED change plan if Bear fails?

How afraid is the FED of where the economy is going that has caused them to promote such a drastic step as opening up funds to non depository banks? 1. The Fed lending at Par for devalued assets to Non Banks. 2. Will more money be made available when the markets continues down? 3. How will write...

With the current state of the stock market is this the time to get out of some areas of the insurance industry? Is Buffet's latest sale just another step on a lily pad?

Throwing money into the economy may not be the real solution!  Having capital to lend may be useless if everyone remains to scared to borrow! 

Does FDA approval provide a cloak for certain types of lawsuits? Should State laws be allowed to in essence carve out exceptions to what appears to be Federal regulation?  

If class action status is allowed for homeowners to cancel their mortgages banks will feel a heavy sting on the interest reimbursement as may insurance companies that may cover for this type of mishap! With the already troubled Stock Market, could this type of class action likely cripple the...