State regulators, possibly within days, will approve the hiring of a firm to reassess the evaluations of 17,600 residential mortgage-backed securities downgraded by the major credit rating firms, an official said.

Treasury officials could have avoided the explosive controversy over American International Group bonuses if they had carefully examined the company's compensation system, government investigators reported.

American International Group Inc. announced it has arranged to sell Taiwan-based Nan Shan Life Insurance Company Ltd. for approximately $2.15 billion to a consortium led by Primus Financial Holdings Ltd.

Insure.com Inc., the Web-based insurance quote service and brokerage, announced today it has sold its Insure.com brand name and related media assets for $16 million in cash to QuinStreet Inc.

Woodruff-Sawyer & Company can point to many elements that factor into the firm's success.

Longtime banking executive Liam E. McGee has assumed command of The Hartford Financial Services Group as its new chair and chief executive officer, replacing the retiring industry icon, Ramani Ayer.

The new chief executive of The Hartford said yesterday he left his post at Bank of America because he wanted to be the top boss of a public company, and he thought the bank's CEO wouldn't be leaving soon.

The Program Productivity measure of how much insurance brokerage fee income is generated by each bank employee soared in the first six months of the year, a report said.