WASHINGTON, May 14 (UPI) -- American International Group Inc. chief Edward Liddy said the beleaguered U.S. insurance giant could repay government bailout funds within 5 years.
WASHINGTON, March 2 (UPI) -- U.S. insurance giant AIG said it lost $61.65 billion in the fourth quarter, a sharp about-face from fourth quarter 2007, when the company gained $5.2 billion.
TALLAHASSEE, Fla., Jan. 28 (UPI) -- State Farm Florida Insurance said it would submit a two-year plan to allow it to back out of the property insurance business in Florida.
WASHINGTON, Oct. 24 (UPI) -- The U.S. Treasury Department is trying to fit insurance companies into the $700 billion federal bailout package designed primarily for banks, sources said.
NEW YORK, Sept. 19 (UPI) -- The new chief executive officer of American International Group said he planned to keep as much of the company intact as possible.
NEW YORK, Sept. 18 (UPI) -- New York and Pennsylvania insurance regulators will work with American International Group Inc. to unload the firm's insurance assets, officials said.
NEW YORK, Aug. 11 (UPI) -- Standard & Poor's of New York Wednesday lowered its ratings on Oil Casualty Insurance Ltd. of Bermuda to A-minus from A.
FAIRFIELD, Conn., Nov. 19 (UPI) -- General Electric of Fairfield, Conn., plans to spin off $10 billion of its life and mortgage insurance businesses in an initial public offering.
