The nation's largest insurer, American International Group Inc., will pay $9.1 million in penalties to Pennsylvania for filing false financial information, state insurance regulators said.[...]
Legal & General, the insurance company, warned the outlook for the UK economy and for financial services was unclear and made planning and firecasting difficult this year[...]
Legal & General, the insurance company, warned the outlook for the UK economy and for financial services was unclear and made planning and forecasting difficult this year[...]
In the options market, where a gamble on a Bear Stearns meltdown paid off, investors are repeating their bets on a number of other financial stocks, several of which have cratered today as investor worry about the banking sector multiplies. The declines in major banking stocks have reached post-tech-bubble proportions, [...]
