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TIG HOLDINGS POSTS LOSS, CITES END OF AUTO COVERAGE
JOC Staff |
TIG Holdings reported a loss for third-quarter 1998 of $46.8 million, compared with a net profit of
PREMIUMS FLAT FOR MARKEL COMPARED WITH YEAR AGO
JOC Staff |
Markel Corp.'s earned premiums were almost the same, at $84.7 million, for the third quarter of 1998
HARTFORD LIFE'S INCOME INCREASED BY 20 PERCENT
JOC Staff |
Hartford Life Inc. said third-quarter operating income of $100 million was a 20 percent increase fro
OHIO CASUALTY'S NET DOWN SLIGHTLY FROM '97 QUARTER
JOC Staff |
Ohio Casualty Corp.'s net income for the third quarter ended Sept. 30 was $23.2 million, down slight
AMERICAN GENERAL POSTS RISE IN OPERATING EARNINGS
JOC Staff |
American General in the third quarter of 1997 had operating earnings of $268 million, an increase of
PET COVERAGE YIELDS WARM AND FUZZY PROFIT
JOC Staff |
Rewards Plus of America, which puts together benefits packages for companies to offer workers, recen
CANADIAN TASK FORCE WON'T BACK BANK MERGERS
Reuters |
A government task force has concluded that Canadian banks have failed to make a compelling case for
ANALYSTS FORESEE 2.6 PERCENT PREMIUM RISE FROM '98
JOC Staff |
A panel of Wall Street stock analysts has predicted that on average there will be a 2.6 percent incr
SHIP FIXTURE BREAKDOWN
Bridge News |
The dry cargo and tanker fixtures listed herewith and compiled in London and New York, include the f
Maritime
FREIGHT RATE FUTURES
JOC Staff |
Oct. 30, 1998Baltic international Freight Futures Market PREV.CLOSE HIGH
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
955 (October 30, 1998) Previous day - 954The Baltic International Freight Futures Market in
Maritime
CALIFORNIA QUARANTINES PRODUCE IN BUG SCARE
Associated Press |
Agriculture officials announced plans to quarantine homegrown fruits and vegetables and apply pestic
Maritime
MITSUBISHI MOTORS EXPECTS PROFIT IN US
Reuters |
Mitsubishi Motors Corp. expects its U.S. operations to break even this year for the first time this
Maritime
PENN TREATY TO BUY UNITED INSURANCE GROUP
JOC Staff |
Penn Treaty American Corp. intends to purchase United Insurance Group, a privately held consortium o
STATE FARM TO MARKET IN CONNECTICUT
From Wire Reports |
State Farm Mutual Automobile Insurance Co. will begin actively marketing in Connecticut in the first
BERKSHIRE MERGER THREATENED BY UNION LAWSUIT
Ronald Gift Mullins |
In a surprise move, a textile union is trying to upset the billion-dollar merger of Berkshire Hathaw
MOODY'S WARNS US LIFE INSURERS OVERSEAS EXPANSION CAN HURT CREDIT
From Wire Reports |
International expansion by life insurers has been nominal. But as these businesses grow, they may af
REDUCED COMMERCIAL LINES REGULATION PROPOSED
JOC Staff |
A Georgia bill that would exempt insurers there from using filed rates, rating plans, rating systems
ANALYSTS BEARISH ON P/C INDUSTRY, CITE OVERCAPITALIZATION, LEVERAGE
From Wire Reports |
Three of Wall Street's top insurance analysts last week gave a bearish short-term view of the proper
HURRICANE LEAVES DEADLY MARK ON HONDURAS
JOC Staff |
With winds as high as 120 miles per hour, Hurricane Mitch smashed into the coast of Honduras on Wedn
SINGAPORE FACES "CRUCIAL TEST' AS DATA SHOW FALTERING ECONOMY, MORE UNEMPLOYMENT
Jonathan Drake |
Releasing data showing a shrinking economy and rising unemployment, Singapore Prime Minister Goh Cho
Maritime
PHILIPPINES WON'T LIFT IMPORT TARIFF ON CAPITAL EQUIPMENT FOR FORD
P.T. Bangsberg |
Ford Motor Co., having battled for one set of special concessions in return for locating a plant in
Maritime
VOLVO'S CANADIAN CAR PLANT REOPENS
Scott Anderson |
Volvo Canada's car assembly plant, shut down for almost a week by workers staging a sit-in to push f
Maritime
HONG KONG TO FURTHER EXPAND TELECOMMUNICATIONS SECTOR JAN. 1
P.T. Bangsberg |
After decades with a single telephone company, and only a couple of years with a handful, Hong Kong
Maritime
NIGERIA MAY MERGE DUAL EXCHANGE RATES
JOC Staff |
The Nigerian government may keep to its pledge to merge the dual exchange-rate regime in the country
Maritime
JAPAN'S FINANCE MINISTRY EYES SOUTHEAST ASIA TOUR
JOC Staff |
Kiichi Miyazawa, Japan's finance minister, said his ministry has a plan to dispatch a special missio
Maritime
ATTACK ADS SPELL TROUBLE FOR DEUTSCHE TELEKOM
JOC Staff |
After decades of not being able to mention the competition or compare prices in their ads, some Germ
Maritime
CHILE TO ADD 81 GOODS TO CPI BASKET OF ITEMS
JOC Staff |
Maximo Aguilera, director of Chile's National Statistics Institute, said that 81 goods will be added
Maritime
ARGENTINA, BRAZIL LOANS TO DOMINATE IDB MEET
JOC Staff |
A discussion of whether to provide extremely large emergency loans to Brazil and Argentina, possibly
Maritime
SAN JUAN DISPUTE HEADS TO ARBITRATION
Karl Ross |
Dockworkers in a dispute that has shut down the main cargo terminal here have agreed to arbitration.
AIRBORNE PILOTS PROTEST DISMISSAL
William Armbruster |
A union representing some 800 Airborne Express pilots says its members are refusing to fly voluntary
HOLT SEEKS TO OUST ACL DIRECTORS' BOARD
Tom Baldwin |
Rebuffed in his attempts to buy more shares of Atlantic Container Line, Philadelphia shipping execut
BANGLADESH AIR CARGO COMPLEX READY TO OPEN
N. Vasuki Rao |
A new cargo terminal building attached to Zia International Airport in Dhaka, Bangladesh, is expecte
APL CHIEF URGES BUILDING PORTS FOR NEED, NOT GREED
Helen Atkinson |
Decisions to build and expand ports should be based on the economic and operating realities of custo
AFTER MONTHS OF BEING ON STANDBY, GAZA AIRPORT CLEARED FOR TAKEOFF
Laura King |
Gaza International Airport has shiny new terminals, a control tower ready to be filled with state-of
PEOPLESOFT COMPLETES INTREPID ACQUISITION
JOC Staff |
PeopleSoft Inc. has completed its acquisition of Intrepid Systems Inc. of Alameda, Calif.The
NAVISTAR TO FORM ENGINE JOINT VENTURE IN BRAZIL
JOC Staff |
Truck maker Navistar International Corp. has agreed to form a joint venture with a Brazilian company
AIR CHINA ADDS ANOTHER FLIGHT TO KUWAIT ROUTE
JOC Staff |
Air China has added a flight to its route between Beijing and Kuwait.The flight, which start
LIBRA JOINS EAST COAST ALLIANCE TO SOUTH AMERICA
Journal Of Commerce Staff |
Libra Navegacao SA, formerly Grupo Libra, will join an alliance comprising Crowley American Transpor
CUSTOMERS RAISE ISSUES, ASK STB TO ALTER CN-IC MERGER PLAN
Rip Watson |
Customers seeking changes in the Canadian National Railway-Illinois Central merger focused on a U.S.
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