The Week in a Minute, Aug. 14, 2011

News

  • Well, the stock market collapsed – or did it? Impact on P-C insurers was minimal; still, the situation bears watching.
  • The bidding for Transatlantic entered a new stage as the reinsurer entered into confidential talks with Berkshire Hathaway.
  • State Farm announced it will jump into telematics next month in Illinois with a driver-monitoring device similar to what Progressive made a splash with a couple of months ago.

Viral

It was that kind of week:

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