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- Soft market winding down: MarketScout (Business Insurance)
The soft property/casualty insurance market is showing signs of hitting bottom, MarketScout reported Thursday. The Dallas-based electronic insurance exchange said property/casualty rates dropped an average of 9% in October, compared with the same month a year earlier.
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Stocks tumbled Tuesday afternoon as recession fears remained front and center, with automaker and financial services stocks leading the retreat.
- Bush: Intervention not "cure-all" for crisis - Courier-Post
Asserting the global financial crisis is "not a failure of the free market," President George W. Bush today called on the world leaders meeting this weekend to agree on a modest set of reforms aimed at preventing future collapses. Bush's main message ...
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