The new CEO will seek to bring stability to AIG, which has endured the departures of top executives, higher-than-expected claims costs and four losses in seven quarters.
A deadly form of bird flu has been confirmed in a southern Tennessee operation that supplies Tyson Foods with chickens, marking the first U.S. case at a commercial farm this year.
Multinational insurance companies have a new global source to help manage their legal affairs, thanks to an alliance of four law firms in Germany, Australia, the U.K. and the United States.
New Years Eve is the number one night of the year for celebratory gunfire in the U.S. WalletHub outlines other risks and fun facts about the upcoming holiday.
The captain of a nearby Avianca flight overheard an exchange in which the doomed plane told the Medellin control tower it was short of fuel, had suffered an electrical failure and needed to land.
AIG agreed to sell commercial and consumer units in nations including Argentina and Turkey to Prem Watsas Fairfax Financial Holdings Ltd. for $240 million.
AIG's business in Brazil agreed to transfer about 25,000 auto policies to a unit of Porto Seguro SA as the U.S. company scales back its international businesses.