Credit Suisse cited AIG's credit default swap portfolio as a problem and said it estimated that AIG Financial Products is "sitting on a $6.5 billion loss vs. our previous estimate of a loss of $2.6 bi

Nuri "weakened before passing almost directly over the city, bringing little more than gusty winds and heavy rain. Damage reports have been restricted to strewn debris, downed trees and, in isolated c

Nuri "weakened before passing almost directly over the city, bringing little more than gusty winds and heavy rain. Damage reports have been restricted to strewn debris, downed trees and, in isolated c

The National Weather Center's Hydrometeorological Prediction Center, which is now tracking the storm instead of the National Hurricane Center, said Fay moved slowly through central Mississippi, but ra

Hub said Mr. Simoneau returns to Hub after a brief hiatus. He was with the company for two years as senior vice president of operations of Hub Quebec following the acquisition of the AssurConseil insu

Catherine Weatherford, former chief executive officer of the National Association of Insurance Commissioners, who abruptly resigned her post last month, has been hired by a trade group that represents

Catherine Weatherford, former chief executive officer of the National Association of Insurance Commissioners, who abruptly resigned her post last month, has been hired by a trade group that represents

Tropical Storm Fay continued drenching Florida as it slowly moved west toward the Panhandle, with rain accumulations of up to eight inches and tropical watch warnings extending to Alabama and Mississi