American International Group was victorious in defending a shareholder lawsuit, claiming that current and former executives ignored “red flags” of the company’s near collapse, after a federal judge dismissed the case.

The New York insurance commissioner’s decision to seek additional information from Allstate Corp. about possible credit default swap activity is drawing fire from a free-market think tank.

Eli Lehrer

Two analysts …  Read →

A recent opinion piece in the New York Times has lead New York regulators to request more information about “unregulated insurance markets” and credit default swaps from Allstate Corp.

Thomas …  Read →

The government’s restructured aid package to insurer American International Group of $150 billion “should be enough” to get the company on the right track, but only time will tell, according …  Read →