In a series of filings with the Securities and Exchange Commission, American International Group (AIG) submitted adjusted financial statements taking into account several transactions meant to ultimately repay taxpayers.

The New York Insurance Association (NYIA) elected Richard Zick as its chairman for a one-year term ending Dec. 31, 2011.

Progressive Corp. reported net income for the month of October dropped 28 percent as its combined ratio increased 4.3 points.

Treasury deputy secretary Neal Wolin told London stockbrokers today that the Obama administration believes the new financial services reform law gives it the power to