Beleaguered U.S. insurance giant American International Group may allow the U.S. government to take control of certain assets should the...
National News
Financial services companies now pay the highest average premiums for directors and officers (D&O) liability insurance, surpassing rates paid by...
Warren Buffett has some explaining to do. Berkshire Hathaway Inc, his insurance and investment company, is in the midst of...
General Re Corp., a reinsurance unit of billionaire Warren Buffett’s Berkshire Hathaway Inc., agreed to pay $72 million to settle...
American International Group Inc.’s asset management business has attracted corporate and private equity buyers with initial bids coming in around...
American International Group Inc., which is trying to dispose of assets to pay back the U.S. government after a bailout...
Zurich Financial Services AG will find this year tougher than 2008, when profit fell 47 percent, a senior executive of...
SeaBright Insurance Holdings Inc., based in Seattle, Wash., reported net income for the fourth quarter 2008 increased 2.3 percent year-over-year,...
As lawfirms face tough economic conditions today, some firms have been forced to make cutbacks, including employee layoffs. Such downsizing...
American International Group and U.S. authorities are in advanced discussions over a radical restructuring that would split the insurer into...