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Insurance revenue at U.S. banks was off by $100 million in the first six months at $23.6 billion compared to $23.7 billion during the first half of 2008, a consulting firm reported.

American International Group top management salaries have been ordered slashed 91 percent for the remainder of the year by the special master for the Troubled Asset Relief Program.

Bank holding company 2009 second-quarter insurance brokerage income fell 6.5 percent to $3.02 billion compared to 2008 second-quarter income of $3.23 billion, according to a consulting firm.

Robert H. Benmosche, who last week came out of retirement to take over as AIG's fourth CEO in just over a year, drew high praise from many industry observers, who nonetheless warn that he has a major salvage job ahead of him.

Last month's announcement that Arthur J. Gallagher will be allowed to collect contingent commissions once again starting on Oct. 1 has opened old wounds in the debate over the controversial producer compensation system

New York Life Insurance Company has announced Sue Ericksen has joined the company as chief technology officer and senior vice president of the corporate information department.

Bank holding company first-quarter insurance brokerage income declined by 5.7 percent to $3.03 billion, compared with last year's record $3.21 billion for the period, a consulting firm reported.

To say American International Group is having a tough month would be an understatement.