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The Treasury Department is selling today its remaining 16 percent of American International Group common shares, putting an end to the governments 50-month shotgun financial tryst with the global insurer.

American International Group is on the verge of becoming the first insurance holding company ever regulated by the federal government as the Treasury Department launches a public offering of $18 billion of AIG stock.

American International Group is on the verge of becoming the first insurance holding company ever regulated by the federal government as the Treasury Department launches a public offering of $18 billion of AIG stock.

First quarter insurance brokerage fees for bank-owned brokerage firms was down close to 11 percent over the same period last year according to a report from a bank consulting firm.

The U.S. Treasury Department said on Friday it expects to raise $5 billion from its sale of AIG stock, cutting the government's stake in the bailed-out insurer to 55 percent.

Europe's biggest insurer, Allianz, is worried about the role central banks may have played in an interest rate rigging scandal that has enveloped some leading international lenders, the insurer's chief financial officer said on Friday.

Europe's biggest insurer, Allianz, is worried about the role central banks may have played in an interest rate rigging scandal that has enveloped some leading international lenders, the insurer's chief financial officer said on Friday.

About half of the $700 million of debt issued by bankrupt Stockton, California, is insured and a few traders have carried on some speculative purchases of its bonds, investors said on Thursday.