1968 0517 - Time Magazine - Acquisitions: Invasion from the Armchair - [link]
Ling-Temco-Vought
LTV will raise the rest of the necessary money by selling off its interest in two insurance companies, Stonewall Insurance and American Amicable, and the First Western Bank & Trust Co. of Los Angeles.
1972 0117 - Time Magazine - Insurance: Karl the Magic Man - [link]
By now, too, Karl has expanded far beyond his original business; in the past five years he has started subsidiaries that insure commercial leases for small businessmen and municipal bonds issued by small communities.
2008 0916 - Time Magazine - Why the Government Wouldn't Let AIG Fail, By Justin Fox - [link]
2008 0917 - Time Magazine - AIG Bailout Spooks Customers Around the World - [link]
2009 1019 - Time Magazine - "Why It's Time to Retire the 401(k): And what you can do instea), By Steven Gandel On page 33, it states, "The solution: a new type of insurance...We need insurance to protect against risks we cant predict (when the market collapses) and can't afford to recover from on our own...The best was to guarantee a replacement for people's wages in retirement is by pooling risk, and the way to do that is through insurance."
Time Magazine - 25 People to Blame for the Financial Crisis - [link]