Wednesday, 18 Nov 2009 | Source: The Associated Press
A MetLife Inc. subsidiary and three other affiliates have been fined a total $1.2 million for alleged failures to ensure supervisors could review brokers' e-mails with the public.
Wednesday, 11 Nov 2009 | Source: The Associated Press
After just three months as head of embattled 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 can pay employees, according to a published report.
Wednesday, 17 Jun 2009 | Source: The Associated Press
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.
Friday, 15 May 2009 | Source: The Associated Press
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.
If last week is any indication, the market focus will be less on stocks and more on bonds and the dollar; while the dollar staged a late-week rally, the Treasury auction this week and continued weakness in long-dated Treasuries continues to be a worry for traders... Read More