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Treasury Secretary Henry Paulson said on Monday the U.S. financial system remained sound despite current stresses and said he was prepared to take fu
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Shares of most property and casualty insurers traded lower on Monday as American International Group Inc. sought to stay in business and investors ta
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American International Group loses half its market value as the giant insurer rushes to raise capital and stave off ratings downgrades that could thr
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Early estimates suggest that Hurricane Ike, which battered the Texas coastline, could cost insurers between $20 billion and $25 billion – making it t
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Shares of American International Group fell more than 50 percent in early trading on reports that the insurer had turned to the Federal Reserve for $
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