The Week in a Minute, March 9, 2012

Busy – Pinewood Derby season.

  • Commercial rates up 2% in February, MarketScout reports. Fiduciary and Surety coverages were flat; workers comp and property were 3% higher.
  • The feds are selling $6B worth of AIG stock, cutting their stake to a mere 77%.
  • Last year’s big merger battle ends quietly, with Alleghany and Transatlantic finalizing their deal.
  • Insured losses from last week’s tornadoes put between $1B and $2B. Reuters talks about the long-term impact of the severe weather trends of the past couple of years.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: