Besides AIG, there has not been much noise in and around the insurance industry. How are they affected?
I've heard that some Hartford, CT based companies may have issues, but I wonder what about the rest of the industry.
Many of the life companies have long investment horizons that allow them to more aggressively invest money (and embrace risk).
I wonder what's happening there. Have any of the Big 4 Accounting firms began certifying insurance company financials?
I doubt the traditional parties would be creditable.