First, Eliot Spitzer painted a target on his back, says Hank Greenberg. Then, with the bailout of AIG, the fed hoped that it would be able to bring the company …  Read →

The House Financial Service Committee approved a bill creating a federal insurance office. The office, to be run by the U.S. Treasury Department, would provide information to Congress on insurance matters, as well as work on global insurance initiatives.

A day after the New York Times claimed former AIG chief executive officer Maurice “Hank” Greenberg was steering talent to his new firm, Greenberg fired back, saying employee departures could have actually been avoided under a plan he advocated.

Allstate Insurance Co. is beefing up its presence in Washington, D.C., hoping to further education for members of Congress on regulatory issues it supports.

One year ago Monday (Sept. 7) the federal government took over mortgage giants Fannie Mae and Freddie Mac because then-Treasury Secretary Henry Paulson – in what would become his mantra …  Read →

Eight months after being selected to guide American International Group out of the financial fog, Edward M. Liddy can now see the light at the end of the tunnel.

Edward …  Read →

A proposal to create an Office of National Insurance is being fine-tuned, as its sponsors determine whether to make a federal charter optional or mandatory for insurers who are deemed …  Read →

The National Association of Insurance Commissioners has announced that it will add a “handful” of new staff to Washington D.C. to join its incoming chief executive officer, Therese Vaughan.

Vaughan, the …  Read →