A U.S. judge has ruled Federal Reserve Chairman Ben Bernanke should testify in the multibillion-dollar lawsuit by the former chief of AIG, Maurice "Hank" Greenberg, against the United States over the insurer's 2008 bailout.
Tropical Storm Dorian is expected to weaken slightly as it moves across the open waters of the Atlantic Ocean toward the Caribbean, forecasters at the U.S. National Hurricane Center said.
Tropical Storm Dorian is expected to weaken slightly as it moves across the open waters of the Atlantic Ocean toward the Caribbean, forecasters at the U.S. National Hurricane Center said.
Property and casualty insurer Chubb Corp. raised its full-year forecast after reporting a stronger-than-expected 43 percent rise in second-quarter profit as it benefited from rising insurance rates and lower losses.
Property and casualty insurer Chubb Corp. raised its full-year forecast after reporting a stronger-than-expected 43 percent rise in second-quarter profit as it benefited from rising insurance rates and lower losses.
New York's top financial regulator has expanded a probe into whether reinsurance companies have written policies on international trade with Iran, which could potentially violate new U.S. sanctions.
New York's top financial regulator has expanded a probe into whether reinsurance companies have written policies on international trade with Iran, which could potentially violate new U.S. sanctions.
Travelers Cos. Inc. said it would cut jobs and reduce prices of auto insurance, steps investors took as an indication that rates had risen too far and competition was increasing.