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The financial crisis is likely to be the focus of discussion among executives attending the 2009 Life Insurance and Retirement Industry conferences i
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A senior executive at American International Group’s Financial Products division issued a public resignation in which he said that he and other emplo
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AIG paid more than $40m in controversial retention bonuses to staff at its troubled financial unit in December, three months ahead of schedule, accor
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OLDWICK, N.J.----A.M. Best Co. has affirmed the financial strength rating of A- and issuer credit ratings of "a-" of Allstate New Jersey Insurance Gr
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The complex plan to deal with toxic assets may have answered Wall Street's questions about shoring up balance sheets but it's raising concerns about
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