Regulation/Legislation

A Treasury official said the government is still working on the timing to sell its interest in American International Group, but it wants to do it as soon as practicable.

Due to changes prompted by the mid-term elections, the National Association of Insurance Commissioners has chosen a new vice president and secretary-treasurer.

Count New York City among a growing number of municipalities in the United States looking to make up for budget constraints by seeking to charge motorists involved in an accident if they need the fire department.

Rep. Judy Biggert, R-Ill., was named to head the House Financial Services Committee subcommittee that deals with insurance in the next Congress.

Risk management is currently the strongest driver for compliance-related technology investments in the insurance industry, according to a new survey, "IT Innovation & Compliance."

American International Group (AIG), the Federal Reserve Bank of New York and the U.S. Treasury Department have officially signed a deal to repay the government for sustaining the massive financial services company.