What Rotten Luck
What rotten luck we have. This was the one day when the insurers, the oils, the banks and Italian bonds traded up in Europe -- and U.S. trading was closed? That's unbelievable.
First, the big reinsurers in Europe -- the one who, in many cases, backstop our insurers -- all traded up Tuesday, as Hurricane Sandy looks as though it was manageable. This means, first, that they have the reserves and, second, that they can raised rates....252 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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