business - "insurance"

Enstar Group Limited today announced that it had reached an agreement with the Board of Directors of Goshawk insurance Holdings Plc for a cash offer to be made by a wholly-owned subsidiary of Enstar for the entire issued share capital of Goshawk.

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SAN FRANCISCO (MarketWatch) -- MBIA Inc. late Friday estimated that it may need about $2.9 billion to meet potential termination payments under guaranteed investment contracts following Moody's downgrade of MBIA insurance Corp. to A2 from Aaa late Thursday. MBIA also expects it will be required to post about $4.5 billion in eligible collateral to satisfy potential collateral posting requirements under contracts. MBIA has total assets of $25 billion related to its asset/liability management business of which $15.2 billion is available to satisfy these requirements. In addition, MBIA has another $1.4 billion in cash, including funds from its recent equity offering, the company said. market pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

HCC insurance Holdings Inc.'s board approved the repurchase of up to $100 million worth of its common shares, the Houston-based company said Friday.

Credit market sentiment deteriorated after MBIA's credit rating was cut from triple A to single A in one fell swoop, highlighting the uncertainty that continues to hang over the bond insurance sector

An impoverished town in Illinois has had its flood insurance revoked by the Federal government. Now the floods are coming. And don't even talk about earthquakes

A director of Arthur J. Gallagher & Co., which provides insurance brokerage and risk-management services, sold 2,600 shares of common stock, according to a Securities and Exchange Commission filing Thursday.

... a medical necessity and many that aren't, and the amount we have to pay TriCare for Jan's care is a lot less than the standard rates for Blue Cross Blue Shield , Presbyterian, or other for-profit insurance companies I've dealt with.

How well do you know the basics of your Colorado homeowners insurance policy? It is important that each person trying to purchase homeowners insurance in the state of Colorado know everything about the basics in the industry.

Getting a home insurance quote in the state of Washington has never been easier. Problems arise however, when people see all those homeowner insurance companies in the market and do not know how to narrow them down to the one that best works for them.