Regulation/Legislation

American International Group investors will get $843 million as part of the company's 2006 settlement of a huge accounting fraud, a federal court in New York ruled yesterday.

Allstate Corporation said today it won't participate in the government's Troubled Asset Relief Program, saying it already has adequate capital and cash on hand.

Neal Wolin, a former top official at The Hartford, was confirmed by the Senate yesterday as deputy secretary of the Treasury.

A defense firm that lost a court bid to have St. Paul defend it against suits by former Iraqi prisoners alleging its employees tortured them would not comment yesterday on whether it would challenge that decision.

The Supreme Court ruled Monday that women who lost credit for employment during maternity leave before the law was changed cannot count their time off toward a pension.

The Government Accountability Office said in a report released last week that inconsistencies remain in state licensing of insurance producers--such as in conducting background checks and fingerprinting.