The letters that appear at the end of the names of insurance agents and other financial service professionals can make a difference in their income, according to a new survey.

A reduction in salary has led a top executive at American International Group to resign, but she will receive $2.8 million in severance pay.

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.

Helping return one of the nation’s largest insurers to prominence while repaying billions in taxpayer dollars will net new American International Group CEO Robert Benmosche an annual salary of $7 …  Read →

Three former Northwestern Mutual Life Insurance Co. employees have filed a $200 million class-action lawsuit against their ex-employer, alleging denial of minimum wages and overtime pay.

In a suit filed in …  Read →