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...insolvency is quite rare, Hartwig says. There have been about 600 such cases in more than 30 years, most of those small companies that were overwhelmed by natural disasters. Last year was a record low year for solvency problems in the industry and those all involved small companies that were still staggering under the weight of claims from Hurricane Katrina...

Author: /time Magazine | Title: How Safe is Your Insurance Company? | 10/10/2008 | See Source »

...stock-market investors, this week was the worst ever. The Dow industrials fell a record 18%, with the NASDAQ down 15% and the S&P 500 off 18%, as the crisis that has been roiling debt markets finally slopped over to equities in full force. The euphoria of the last hour of trading on Friday - when major markets turned positive and then ended the day only slightly down, with the Dow dropping a relatively modest 128 points, to 8,451.19 - hardly offset the terror of a rambunctious 700-point drop in the Dow at the opening bell. Events were...

Author: /time Magazine | Title: Wall Street Finale: Battling to Get to the Plus Side | 10/10/2008 | See Source »

McCain, John •announcement of intent to Swiftboat Obama is for some bizarre reason made by campaign of •Blitzer discerns "some disdain" for Obama by •claims to possess the necessary knowledge to solve all of the nation's major problems •erratic aviation record of •fellow citizens of are addressed as "fellow prisoners" of by •frightening noise is emitted by •Obama's "touchiness" and proclivity for "angry insults" are cited without any sense of irony by •Obama is contemptuously referred to as "that one" by •Obama's support for overhead planetarium projector...

Author: /time Magazine | Title: Weekly Index of the News | 10/10/2008 | See Source »

...curator of poetry,’ which seems to sum up in seven syllables my relationship with poetry—‘to care for’ poetry.” There has been a year-long lull during which the books, broadsides, pamphlets, and recordings of the Woodberry collection have been without a permanent curator. With this in mind, Davis has arrived with plans not only to update the collection, but also to foster poetry on campus and in the surrounding area. “My great hope is to make this a space that in some ways...

Author: By Noël D. Barlow, CRIMSON STAFF WRITER | Title: Poetry Curator Brings Vision | 10/9/2008 | See Source »

...woman of "strong faith," they have gone to unusual lengths to avoid providing a picture of that faith. In fact, a Palin spokeswoman says the Alaska governor is "not a Pentecostal," and points out that Palin was baptized as a child as a Roman Catholic, although there is no record that her family attended Catholic services before joining the Pentecostal church where she became saved at age 11. The candidate does not even claim the Evangelical label, instead using the code phrase "Bible-believing Christian" to describe herself. Palin's official biography on the McCain campaign website makes no mention...

Author: /time Magazine | Title: Does Sarah Palin Have a Pentecostal Problem? | 10/9/2008 | See Source »

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