News

American International Group Inc. announced today that Robert G. Gifford has been named president and chief executive officer of AIG Global Real Estate.

A New Jersey appeals court has ruled that state officials can go ahead and implement a controversial medical fee schedule for auto injuries that doctors charged was too low.

Bond insurer Ambac Financial Group Inc. reported it had a second-quarter net loss of $2.4 billion, driven by loss expenses related to its residential mortgage-backed securities (RMBS) and other-than-temporary impairment investment losses.

Insurers appear to be turning the corner in the second half of 2009 despite the struggling economy

The typhoon which hit Taiwan Friday left at least 14 dead, destroyed hundreds of homes, brought down bridges, toppled a hotel and did more than $100 million in crop damage, Guy Carpenter reported.

Last month, AIU Holdings--AIG's commercial property-casualty arm--was rebranded as Chartis Insurance