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Citigroup is preparing to sell Prime Re, a subsidiary created five years ago to ease the spinoff of life insurer Primerica.

BlackRock, the worlds largest money manager, and Evan Greenbergs Ace, are forming a reinsurance venture that is seeking to raise $800 million to $1.3 billion.

Allstate agreed to settle a 2011 lawsuit accusing Morgan Stanley of fraud over more than $100 million worth of mortgage-backed securities in which the insurer invested.

Deere & Co., the worlds largest manufacturer or agricultural machinery, agreed to sell its crop insurance segment to Farmers Mutual Hail Insurance Co. of Iowa, retreating from a business that suffered years of losses.

Travelers CEO Jay Fishman says he will soon need a cane to help him walk.

Pop quiz: Which high-profile official faulted the Obama administration for the following botched responses to the financial crisis?

The Federal Reserve Board of Governors didnt want to bail out AIG with an $85 billion loan, preferring that the insurer find a savior in the private marketplace, the Feds top lawyer told a judge.

A confidential report and a fired examiners hidden recorder penetrate the cloistered world of Wall Streets top regulatorand its history of deference to banks.