Union Insurer Takes A Wild Ride With Bankrupt Global Crossing
Keywords: labor, news articles, construction industry, markets, analysis, construction methods, finance, costs
Full Article Price:
$4.95
Delivery: Immediate Online Access
Publication Date: 20-FEB-02
Format: XML document
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Article DescriptionThe controversial bankruptcy of Global Crossing has hit many investors hard, including Union Labor Life Insurance Co. and its parent, ULLICO Inc. After realizing big gains on the stock, the recent losses cut ULLICO's capital and surplus base so sharply that insurance analyst A.M. Best lowered its rating.
ULLICO Inc. and its subsidiaries engage in group life and health insurance, asset ... |
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