According to IFAwebnews, AIG will use part of the proceeds from the sale of its Asian life insurance business to repay the fed’s bailout funds, to the tune of at …  Read →

Goldman Sachs, the venerable Wall Street investment banking firm, is getting heat from at least one of its clients over its current compensation practices.

In response to reported compensation and bonuses …  Read →

American International Group may have a buyer for its New York City headquarters, a move that follows the recent sale of one of its properties in New Jersey.

The insurer has …  Read →

While Bernie Madoff, the biggest known crook to have walked Wall Street, could face life in prison, an Ohio insurance agent might get off relatively scot-free: He faces only 30 …  Read →

State regulation of insurance works. From a consumer standpoint, Americans can contact their local insurance department, and resolve issues from the “Main Street” level.

But there are some — including the …  Read →

While it is not likely, it is possible that payouts to “clients” of Bernie Madoff — the Wall Street swindler who operated what is probably the largest Ponzi scheme in …  Read →

I really don’t want to get on an Obama-bashing kick. Truly, I don’t. In a few weeks, the man will be sworn in, and President Barack Obama will be given …  Read →

Variable annuities appear to be causing stockholders at insurance companies like Hartford Financial Services, Lincoln National Corp. and Prudential Financial offering these products to develop a case of the jitters, …  Read →