American International Group has completed a pair of transactions to reduce its debt with the Federal Reserve Bank of New York by $25 billion.

American International Group plans to conduct initial public offerings for two of its international life insurance franchises in hopes of using the proceeds – an estimated $25 billion – to …  Read →

After a little over two years regulating insurance in New York, the state’s insurance superintendent, Eric R. Dinallo, has announced his resignation from the position.

Gov. David A. Paterson made the …  Read →