| Safeco s Neal Fuller to Present at JPMorgan Insurance Conference
24/03/2008 17:57:00 Business Wire Neal Fuller, senior vice president-finance and treasurer for Safeco (NYSE:SAF), will present at the JPMorgan Insurance Conference in New York City on Thursday, March 27 at 3:15 p.m., Eastern Time (12:15 p.m., Pacific Time).
A live Webcast of the presentation will be available on Safeco s Web site (www.safeco.com/irwebcast).
Forward-looking information - including predictive information about Safeco s future performance and results - may be discussed during the presentation.
Safeco, in business since 1923, is a Fortune 500 property and casualty insurance company based in Seattle.
The company sells insurance to drivers, home owners, and owners of small- and mid-sized businesses principally through a national network of independent agents and brokers.
Clinton: Protect reputable home lenders
Democrat Hillary Rodham Clinton proposed several remedies to the nation's home mortgage problems Monday, including one tool more often associated with Republicans than Democrats. The New York senator proposed greater protections for lenders from possible lawsuits by investors, a variation of so-called tort reform. For years, GOP leaders have called for restrictions on what they consider unwarranted lawsuits against businesses. Democrats often have resisted them on grounds they limit injured parties' legitimate rights to redress. "Many mortgage companies are reluctant to help families restructure their mortgages because they're afraid of being sued by the investment banks, the private equity firms and others who actually own the mortgage papers," Clinton said in what she billed as a major address on the economy.
Congress May Help on Municipal Bonds
Municipal governments and hospitals swept up in the credit crisis are pressing Congress to let them borrow money without having to make costly payments to troubled bond insurers. They back legislation to let thousands of banks nationwide that are members of the Federal Home Loan Bank system to guarantee tax-exempt municipal bonds, not currently allowed under federal law. .
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