WASHINGTON--American International Group shareholders will apparently get no say in the running of the company under the conditions of the loan the U.S. government is providing the company to help deal

WASHINGTON--Congress is likely to extend the current National Flood Insurance Program without changes until next April 30 before it leaves at week's end, according to insurance industry lobbyists and a

WASHINGTON--The Securities and Exchange Commission is investigating insurers, as well as other financial institutions and rating agencies, for their role in securitizing subprime loans, SEC Chairman Ch

And, in concluding his prepared statement, Secretary Paulson said, "When we get through this difficult period, which we will, our next task must be to address the problems in our financial system thro

Former Allstate chief executive Ed Liddy named carrier's new

After helping carrier through crisis, N.Y. regulator to oversee asset

Standard & Poor's and Fitch revised their credit ratings for AIG last week in the wake of the Federal Reserve Board's action to provide the troubled firm with liquidity, but both remain cautious

Legislation that would create a federal Office of Insurance Information at the Treasury Department was pulled off the floor in the U.S. House of Representatives last week, although the House did pass