New York-based insurer American International Group, Inc., said late Friday that it has closed on a deal to sell its consumer finance operations in Mexico.

As peak hurricane season approaches, both insurers and government officials are outlining their strategies and plans to protect against what is expected to be an increasing number of catastrophic storms.

NCOIL is opposing the proposed creation of a federal commission to examine state workers' compensation laws, arguing that the recommendations of a similar commission in the past led to a crisis in the marketplace.

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