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In the letter Andrew Cuomo writes that his office has been investigating compensation arrangements at AIG since last Autumn.
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S&P found three primary causes for this: an unanticipated change in business mix, an underestimation of...
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Property-casualty insurance market stable, targeted modernization is the prudent approach to reform.
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The House of Representatives is tackling the issue of big bonuses by companies receiving federal funding, days after a furor erupted over such action
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WASHINGTON (Reuters)—Some members of Congress on Tuesday proposed slapping a surtax on bonuses paid to executives at American International Group Inc
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WASHINGTON—Support for allowing reinsurers to choose federal rather than state regulation may be growing on Capitol Hill. During a Tuesday hearing on
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WASHINGTON—The creation of a systemic risk regulator would help prevent future financial meltdowns, several speakers said at a House Financial Servic
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NEW YORK—Seventy-three employees of American International Group Inc. received bonuses of more than $1 million dollars out of the more than $160 mill
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