BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Annual Ritual: Speculating on Florida Insurance Market's Strength]]>http://www.bloggingstocks.com/2010/03/09/annual-ritual-speculating-on-florida-insurance-markets-strengt/http://www.bloggingstocks.com/2010/03/09/annual-ritual-speculating-on-florida-insurance-markets-strengt/http://www.bloggingstocks.com/2010/03/09/annual-ritual-speculating-on-florida-insurance-markets-strengt/#commentsFiled under: ,

It's not an unusual problem at this time of year. We're a few months from June 1, the official start of hurricane season, at least as far as the insurance industry is concerned. Through April and May, the Florida legislature will rush to nail down details pertaining to Citizens Property Insurance Corporation, the state entity that provides insurance to some homeowners (usually when risk is too high for private insurers to accept), and the Florida Hurricane Catastrophe Fund, which provides some reinsurance protection to carriers writing property-catastrophe risk in Florida.

And even earlier, the editorials start to fly. There are concerns over whether homeowners will get sufficient coverage. There are questions about thinly capitalized Florida carriers. This is an annual ritual, of sorts, and 2010 is no different. Already, the Sarasota Herald-Tribune is raising the issue of whether some local carriers are sufficiently capitalized. Ultimately, this isn't much of a problem - unless a hurricane hits.

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Annual Ritual: Speculating on Florida Insurance Market's Strength originally appeared on BloggingStocks on Tue, 09 Mar 2010 14:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bacBank of Americacatastrophe insurancefeaturedfloridahurricaneHurricane seasoninsuranceinsurance companiesinsurance stocksinsurersTue, 09 Mar 2010 14:40:00 EST<![CDATA[AIG's Taiwan unit draws interest of private equity firms]]>http://www.bloggingstocks.com/2009/06/30/aigs-taiwan-unit-draws-interest-of-private-equity-firms/http://www.bloggingstocks.com/2009/06/30/aigs-taiwan-unit-draws-interest-of-private-equity-firms/http://www.bloggingstocks.com/2009/06/30/aigs-taiwan-unit-draws-interest-of-private-equity-firms/#commentsFiled under: , ,

American International Group (NYSE: AIG), once the world's largest insurer, is selling assets outside the U.S. to repay a government bailout. The Carlyle Group, KKR, JC Flowers, and other U.S. private equity firms and Asian financial groups are reported to be interested in AIG's Taiwanese unit Nan Shan Life Insurance Co.

"Everyone hopes this is going to be a fire sale as AIG is in a difficult situation," said a local partner of Standard & Poor's.

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AIG's Taiwan unit draws interest of private equity firms originally appeared on BloggingStocks on Tue, 30 Jun 2009 09:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AIGCarlyleINGinsurersinthenewsJC FlowersKKRMorgan StanleyMSNan Shan LifePrudentialPUKTue, 30 Jun 2009 09:00:00 EST<![CDATA[Cramer on BloggingStocks: The next run is on the insurers ]]>http://www.bloggingstocks.com/2008/10/02/cramer-on-bloggingstocks-the-next-run-is-on-the-insurers/http://www.bloggingstocks.com/2008/10/02/cramer-on-bloggingstocks-the-next-run-is-on-the-insurers/http://www.bloggingstocks.com/2008/10/02/cramer-on-bloggingstocks-the-next-run-is-on-the-insurers/#commentsFiled under: , , ,

TheStreet.com's Jim Cramer says he doesn't want to make a move until he sees the action.

We aren't oversold enough anymore, and we are up too much. Meanwhile, the next run is on the insurers, as we can tell from the erratic nature of the way that group is trading.

Oh, and what's the deal with Sallie Mae (NYSE: SLM) (Cramer's Take)?

There's not a lot of respite here in part, again, because of Lehman and the default of so much Washington Mutual paper.

We just aren't ready for what is happening yet, and we keep getting surprised about where the paper is. The rescue bill will help, but the pork attachments are so horrible that I believe, ex-FDIC, they have made it tougher to pass, not easier.

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Cramer on BloggingStocks: The next run is on the insurers originally appeared on BloggingStocks on Thu, 02 Oct 2008 09:35:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>featuredinsurersjim cramerJimCramerpfgprincipal financialPrincipalFinancialsallie maeSallieMaeslmThu, 02 Oct 2008 09:35:00 EST