2008 financial crisis
Wirehouses lose #1 HNW market share: CerulliPosted by RJ and Makay on Mar 30, 2012 |
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The four wirehouses are losing market share to private client groups in the high net-worth (HNW) market, according to new data from Cerulli Associates. HNW wirehouse market share stood at 45%, or $2.1 trillion, in 2010 and is expected to fall to 42% by 2014. It marks the first time that wirehouses have lost the number one spot in HNW assets under management.
Atlantic Mutual goes underPosted by RJ and Makay on May 09, 2011 |
Besieged by waves of workers compensation claims, Atlantic Mutual was placed into liquidation April 27 with New York’s superintendent of insurance appointed as liquidator, according to BestWire.
Workers’ Compensation insurance covers the cost of medical care, lost wages and rehabilitation for on–the-job injuries. It also provides benefits for the family of any worker killed in a work-related accident.
“If you don't know where you are going, any road will get you there.”
Lewis Carroll (English Logician, Mathematician, Photographer and Novelist, especially remembered for Alice's Adventures in Wonderland. 1832-1898)
