Chicago — On the heels of yesterday's drama surrounding Sen. Harry Reid's (D-Nev.) comments that another big-name insurance company was set to fail, a pair of carriers have scrambled to announce their stability.

At a luncheon in Washington before the Senate's vote on the bailout package, Reid was quoted as saying "one of the individuals in the caucus today talked about a major insurance company—a major insurance company, one with a name that everyone knows—that's on the verge of going bankrupt."

Register or login for access to this item and much more

All Digital Insurance content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access