by Calculated Risk on 10/30/2008 02:07:00 PM
Thursday, October 30, 2008
Cliff Diving du jour: Insurance Companies
From MarketWatch: Hartford Financial loses over half its market value
The company reported a big third-quarter loss late Wednesday and said that it couldn't gauge the amount of extra capital it has because of market volatility.Harford is off 51%
Assurant Inc is off 25%
Prudential Financial is off 22%
CIGNA Corp is off 22%