on Aug 31st, 2009Fairfax buys stake in Alltrust Insurance Company of China for US$66M (The Canadian Press via Yahoo! Canada News)
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TORONTO - Fairfax Financial Holdings Ltd. (TSX:FFH) said Monday it has signed a deal to buy a 15 per cent interest in Alltrust Insurance Company of China for approximately US$66 million.
Life Insurance Sales Post Biggest Drop Since 1942 (Update2) (Bloomberg)
Aug. 31 (Bloomberg) — U.S. life insurance sales to individuals dropped 20 percent in the second quarter as savers shunned investments linked to stocks, contributing to the biggest six-month decline since 1942.
Corbett: Woman’s false insurance claims covered gambling (Pittsburgh Post-Gazette)
State Attorney General Tom Corbett today announced that agents from the his Insurance Fraud Section have filed criminal charges against a West Mifflin woman accused of fabricating cancer treatment insurance claims for herself and her husband in order to support her gambling activities