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Closely watched lawsuit has been seen as a test of the ability of bond insurers to hold banks accountable for losses incurred insuring securities at the heart of the financial crisis.

Closely watched lawsuit has been seen as a test of the ability of bond insurers to hold banks accountable for losses incurred insuring securities at the heart of the financial crisis.

American International Group Inc may raise as much as $6.5 billion from the sale of its remaining stake in AIA Group Ltd in Asia's second-largest block sale ever, exiting a business the U.S. insurer started nearly 100 years ago.

With the worst of the financial meltdown in the rearview mirror, agents and brokers talk about what happened, what the landscape looks like now, and how they're faring in the new normal.

A New York judge has limited the damages Assured Guaranty Corp can seek in a lawsuit accusing Credit Suisse Group AG of misrepresenting the quality of loans underlying mortgage-backed securities it insured.

Ryan Specialty Group acquired Direct Group, Willis launched PizzaGuard program, Paul Hering named Director of the Year for Corporate Citizenship, PIANY and NY-YIP elected 2012-13 new executives and officers.

Ryan Specialty Group acquired Direct Group, Willis launched PizzaGuard program, Paul Hering named Director of the Year for Corporate Citizenship, PIANY and NY-YIP elected 2012-13 new executives and officers.

The U.S. Treasury Department said on Friday it expects to raise $5 billion from its sale of AIG stock, cutting the government's stake in the bailed-out insurer to 55 percent.