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  • Insurers' losses to protect companies from subprime-mortgage lawsuits will jump to $5.9 billion, industry firm estimates.
    www.thestreet.com
  • BRUSSELS, Nov 5 (Reuters) - Credit default swaps (CDS), a $55 trillion market that critics say exacerbated the credit crunch, should be centrally cleared in the European Union by the end of the year to cut risk, the bloc's executive said on Wednesday ...
    www.forbes.com
  • To head off surging credit card defaults, banks and consumer groups are lobbying regulators to make it easier to forgive a portion of struggling consumers' credit card debt.
    www.poughkeepsiejournal.com
  • Nov. 6 (Bloomberg) -- Old Mutual Plc said the sale of Mutual & Federal Insurance Co. , South Africa's second-largest property and casualty insurer, is ``progressing well'' as it seeks to reduce its dependence on Africa's biggest economy.
    www.bloomberg.com



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