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Bluefield Daily Telegraph in Bluefield, West Virginia

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Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

May 03, 2003

Page

10

Nasdaq hits 10-month high as optimism returns

Nasdaq composite climbs to 1502.88, its best in 10 months, as investors cheer rebounding economy. Dow +128.43 and S&P +13.78, with factory orders up 2.2 percent to 329.96 billion in March despite higher unemployment. Airline stocks rise on Merrill Lynch outlook.

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Virginia halts pay down of Reciprocal of America assets

Virginia regulators halted the depletion of assets belonging to Reciprocal of America after taking the Richmond based insurer into receivership in January. The move protects liabilities of three Tennessee affiliates American National Lawyers Insurance Reciprocal, the Reciprocal Alliance, and Doctors Insurance Reciprocal, which face about 250 million dollars in unpaid claims. Tennessee officials seek access to records and continued asset protection.

Virginia Nashville, Tenn Tennessee Richmond Reciprocal of America American National Lawyers Insurance Reciprocal The Reciprocal Alliance Doctors Insurance Reciprocal Tennessee Department of Commerce and Insurance Com

Also Mentioned on This Page

the Market IN Review Daiy Dow Jones West Virginia Bluefield Daily Telegraph S.A.S.E Dall Classified Department Grandmother Smith Kevin Beth Discover Bluefield Zip
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