Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

Low Interest Rates Also Hurting Insurance Companies

Monday, November 8, 2010 - 6:47 AM
Ultra-low interest rates are suppose to help improve business profits, but as this Wall Street Journal article shows, it's hurting insurance companies, and that may mean higher premiums for consumers and businesses if the ultra-low rates continue.
 The record-low interest rates that have been a boon for borrowers are becoming a major headache for insurance companies, which are warning of lower profitability if rates stay at current levels through next year or beyond.

Ken TuminKen Tumin5,472 posts since
Nov 29, 2009
Rep Points: 125,708