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The US government's unprecedented takeover of AIG and its extension of an $85bn loan aimed at staving off imminent bankruptcy will place some of the
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Gold prices exploded Wednesday -- posting the biggest one-day gain ever in dollar terms -- as fears of more credit market turmoil unnerved investors
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Government bailouts are making less and less sense, inflation persists, and the consumer is weak.
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State insurance regulators are assuring policyholders that the financial problems besetting AIG would not trickle down to the firmâs insurance subs
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Gold prices jumped $70 per ounce Wednesday, marking the return of the metal to its safe-haven roots and prompting many traders and analysts alike to
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A.M. Best Co. has upgraded the financial strength rating to A- (Excellent) from B++ (Good) and issuer credit rating to “a-” from “bbb+” of The Servic
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The financial problems of international giant American International Group Inc. will harm the reinsurance market more than others in Hong Kong, as th
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California Insurance Commissioner Steve Poizner took the first step toward a 2010 gubernatorial campaign with the creation of an exploratory committe
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