economist News

Global Insurance Recovery Will Be Faster, Stronger Than in 2008–Swiss Re

NEW YORK — The global insurance industry is poised to recover more quickly and forcefully from the pandemic than it did after the 2008 financial crisis, despite such obstacles as low interest rates and inflation risk, insurer Swiss Re AG’s …

Economist: $2.5B to Abate Opioid Crisis in WVa Community

HUNTINGTON, W.Va. (AP) — A 15-year plan to abate the opioid crisis in a West Virginia community will cost local officials $2.5 billion, a forensic economist has testified. George Barrett testified Tuesday that Cabell County and the city of Huntington …

‘Zombie’ Companies Likely to Keep Commercial Insurance Rates Rising

NEW YORK — The expectation that hundreds of so-called zombie companies will fail over the next few years and drag on the economy is among the major concerns prompting insurers to reduce risk and charge higher premiums, a trend likely …

Cult Economist Jailed for Hiding Rare Coins Says They’re His Now

The 58 rare coins at the center of two federal lawsuits are exceptionally valuable. Now a bankrupt company’s receiver wants them. And an antique dealer wants them. And so does Martin Armstrong, a self-taught economist with a cult following who …