American International Group, Inc. (AIG) today announced agreements with the U.S. Treasury and the Federal Reserve to establish a durable...
National News
Giant financially-troubled insurer American International Group Inc. posted its largest-ever quarterly loss today– $24.47 billion — as the damage from...
The U.S. government retooled a rescue package for insurer American International Group to take advantage of its new ability to...
Warren Buffett’s Berkshire Hathaway Inc. said Friday third-quarter profit fell 77 percent, the fourth straight quarterly decline, hurt by weaker...
The Professional Liability Underwriting Society (PLUS) honored Kevin M. LaCroix with its 2008 PLUS Founders Award and John J. Degnan,...
The U.S. government dramatically boosted its bailout of insurer American International Group Inc. and eased the terms of its loans...
U.S. insurance companies trying to get access to government funding can apply for a bank or thrift charter at the...
Allied World Assurance Co. Holdings, Ltd., which closed on its acquisition of Darwin Professional Underwriters in October, reported a net...
When the U.S. government took over mortgage giants Fannie Mae and Freddie Mac, taxpayers inherited more than just bad debts....
Standard & Poor’s Ratings Services has revised the CreditWatch status of its ratings on a number of American International Group...