CFO.com: Insurance News
The latest finance news, including accounting practices, government investigations, capital-raisings, credit ratings, investor relations, and personnel shuffles.

• Insurance Mergers: Many Buys, Scarce Financing
  The only place to raise capital to make hay out of the bargains that AIG and other insurers are dishing up is the stock market, an M&A expert says.
• AIG Restricts Pay; Gives Liddy $1 in Salary
  The insurance giant, 80-percent owned by the U.S. in exchange for its $83.6b in borrowings, eliminates 2008 and 2009 bonuses and salary hikes at top level; announces other restrictions.
• Duck and Cover
  What AIG's near collapse means for D&O insurance policy holders.
• Capitalist's Tool? The U.S. Purchase of Private Bank Stock
  To quell the credit crisis, the Bush Administration begins detailing its plan to use public money to shore up private financial institutions.
• CFOs React: AIG's Rob Schimek
  The business insurance group's finance chief foresaw the need to add liquidity just as Bear Stearns was starting to tank.
• AIG Tries to Hang on to Corporate Insurance Buyers
  Finance executives and corporate risk managers shouldn't expect the wobbling insurance giant to lower its premiums or make its insurance easier to obtain, however.
• PMI Insurer Seeks Cover
  The parent of Mortgage Guaranty Insurance Corp. announces that it will no longer offer an insurance product to lenders that leaves it holding the bag for excess losses.
• Exposed and Disclosed: Filings Show Ties to Turmoil
  Companies use 8-Ks, press releases, and earnings calls to reveal any exposure to failing financial institutions — or even the lack of it.
• AIG Liquidity: Worse than Expected?
  Just days ago, the shaky company seemed to be looking for a mere $40 billion.
• New AIG Chief Liddy Has Finance in His Blood
  Former CFO at Sears and G.D. Searle, his accomplishments include axing the Sears Catalog.