A.M. Best Co. has downgraded the financial strength ratings (FSR) to ‘A’ (Excellent) from ‘A+’ (Superior) and the issuer credit...
National News
Paula Rosput Reynolds has a job that would daunt some of the most experienced Wall Street veterans — restructuring American...
Maurice “Hank” Greenberg’s legacy as the man who built AIG into the world’s largest insurer was tarnished by a 2005...
The U.S. Federal Reserve, by taking an equity stake in American International Group, is moving further into uncharted territory and...
A.M. Best Co. has removed from under review with negative implications and affirmed the financial strength rating (FSR) of ‘A-‘...
Labor Department would get more money to boost enforcement of workplace health, safety and wage laws under President Barack Obama’s...
A revised bailout of American International Group Inc. may be just another “band-aid” solution, but more than five months after...
American International Group, Inc. (AIG) today announced that it intends to form a General Insurance holding company, including its Commercial...
American International Group Inc. posted a $61.7 billion fourth-quarter loss — its fifth consecutive quarterly loss and the biggest quarterly...
Guy Carpenter Co., a leading risk and reinsurance specialist, has agreed to acquire John B. Collins Associates, Inc., a privately-held...