Embattled insurer American International Group paid some $454 million in previously undisclosed performance bonuses to employees for 2008, the company...
National News
The current economy has many Americans shying away from buying new cars and hanging on to their cars longer than...
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and the issuer credit rating (ICR) of...
OneBeacon Professional Partners, a member of OneBeacon Insurance Group, launched two new management liability insurance products for health care organizations...
John N. Molbeck, Jr. has been appointed chief executive officer of Houston-based HCC Insurance Holdings Inc. He succeeds Frank J....
Marsh & McLennan Cos Inc., the second-largest global insurance broker, posted a first-quarter profit on Wednesday, reversing a year-earlier loss,...
American International Group Inc. is expected to post a first-quarter loss Thursday, but the insurer’s results will not trigger a...
Billionaire Warren Buffett on Sunday criticized some life insurers for taking on “crazy” financial risks by selling variable annuities, or...
Most thought it was a good idea but nobody said it would be easy. When American International Group (AIG) announced...
W. R. Berkley Corp. has appointed Richard M. Baio to the newly created office of vice president – treasurer. He...