Insurance NewsInsurance news continually updated from thousands of sources around the net.Berkshire Hathaway Posts its Worst First Half in 18 Years- July 3, 2008 This holiday week, bad news is piling up like . Starbucks is firing people. Congress is taking a week-long vacation while everyone else scampers for overtime.http://www.topix.net/business/insurance/2008/07/berkshire-hathaway-posts-its-worst-first-h... Westfield goes for Olympics gold- July 3, 2008 High points &x2026; the Westfield chairman, Frank Lowy, shows plans for the London Olympics retail development to Britain's Prime Minister, Gordon Brown.http://www.topix.net/business/insurance/2008/07/westfield-goes-for-olympics-gold?fromrss=1 Warren Buffett may buy hurricane bonds- July 2, 2008 Property insurance rates could jump 2.5 percent under a proposal approved this morning by Gov.http://www.topix.net/business/insurance/2008/07/warren-buffett-may-buy-hurricane-bonds?fro... Insurance underwriter fights Texas takeover- July 2, 2008 ' A Chicago-based insurance underwriter has become the target of an unwanted takeover.http://www.topix.net/business/insurance/2008/07/insurance-underwriter-fights-texas-takeove... UnitedHealth cuts 2008 outlook as premiums slip- July 2, 2008 Health insurer UnitedHealth Group Inc. lowered its 2008 profit outlook on Wednesday, citing reduced commercial business and higher-than-expected Medicare-related costs.http://www.topix.net/business/insurance/2008/07/unitedhealth-cuts-2008-outlook-as-premiums... Aberdeen absorbs $2.2B of Nationwide Funds- July 2, 2008 Aberdeen Asset Management Inc. today announced the completion of the reorganization of $2.2 billion in assets of 26 Nationwide Funds into newly created Aberdeen Funds.http://www.topix.net/business/insurance/2008/07/aberdeen-absorbs-2-2b-of-nationwide-funds?... Humana Inc. buying Metcare Health Plans- July 2, 2008 Humana Inc. on Monday said it agreed to buy Metcare Health Plans Inc., a subsidiary of West Palm Beach-based Metropolitan Health Networks Inc., for $14 million.http://www.topix.net/business/insurance/2008/07/humana-inc-buying-metcare-health-plans?fro... Energy sector leads stocks up as oil hits record- July 2, 2008 Stocks rose on Monday as record crude oil prices lifted energy shares on the final trading day of the month and the second quarter, offsetting a financial sector sell-off on fears of further credit losses.http://www.topix.net/business/insurance/2008/07/energy-sector-leads-stocks-up-as-oil-hits-... Buffett is amazed his lunch drew a $2.1M bid- July 1, 2008 A Chinese investment fund manager's bid for the chance to have lunch with billionaire Warren Buffett was the largest ever in a charity auction on eBay and surprised even Buffett.http://www.topix.net/business/insurance/2008/07/buffett-is-amazed-his-lunch-drew-a-2-1m-bi... Fitch may downgrade XL Capital ratings- July 1, 2008 Fitch Ratings said Monday it may downgrade the ratings of XL Capital Ltd. and its subsidiaries because of exposure to Security Capital Assurance .http://www.topix.net/business/insurance/2008/07/fitch-may-downgrade-xl-capital-ratings?fro... |