HARTFORD, CONN--A participant involved in what the government says was a sham transaction to inflate American International Group's financial picture wrote an e-mail shown in court today that joked abo

Hamilton, Bermuda-based insurer XL Capital Ltd. reported a loss in net income of over $1 billion in line with its previously announced move to write-down charges of $1.5 billion for its holdings in cr

Net income at the Pembroke, Bermuda-based carrier was down to $72.8 million from $210.6 million the same period in 2006, a difference of $138 million, or about 65 percent. This number reflects charges

It was the most agonizing Election Day decision since I began voting (for Jimmy Carter) in 1976. I literally went back and forth not just ...