After just three months as head of battered insurer American International Group, Robert Benmosche has threatened to leave his post as he struggles to deal with heavy government oversight and restrictions on what the bailed-out company wants to pay employees, according to a published report.

By Ilaina Jonas

The joint venture that borrowed heavily to buy Stuyvesant Town and Peter Cooper Village in 2006 could be among the first to take advantage of changes in U.S. tax law that let borrowers seek payment relief, when it said last week that it could not keep paying interest on a $3 billion loan.

NEW YORK (Reuters) - Prudential Financial Inc <PRU.N>, the No. 2 U.S. life insurer, said on Wednesday it had a third-quarter profit, reversing a year earlier loss, on record annuity sales and better performance in its investment portfolios.

By Lilla Zuill

MetLife Inc. on Thursday reported a loss of $650 million for the third quarter, driven by losses in its investment portfolio.

MetLife Inc. reports quarterly results after the market closes Thursday, and investors will be anxious to see whether the improvement in the financial markets during the quarter will translate to better results in the insurer's investment portfolio.

A new survey finds 90 percent of employees plan to keep or increase work benefits as their company's open enrollment season approaches.

Stocks rallied Thursday as investors were encouraged by the latest jobless report and round of corporate earnings.

Stocks rallied Thursday as investors were encouraged by the latest jobless report and round of corporate earnings.

Futures indicated a higher open for Wall Street on Thursday as investors were encouraged by the latest jobless report and round of corporate earnings.

This is the summer of the new frugality. Saving money is chic, including when it comes to insurance. But reducing coverage does not mean instant cost savings.

The federal government has agreed to extend billions in bailout funds to six major life insurers, helping them shore up their capital positions after major investment losses.

US banking regulators released results of the stress tests on the 19 biggest American financial institutions, saying which banks need additional capital to survive a worsening of the economy

The government’s long-awaited “stress-test” results show the financial system, like the overall economy, is healing but not yet healed.