Topic: American International Group Inc.

WASHINGTON (Reuters) - Two AIG units settled federal charges that they discriminated against black home buyers on fees for mortgages and will pay $7.1 million for restitution and education efforts, the U.S. Justice Department said on Thursday.The units, AIG Federal Savings Bank ...

Aetna condition insurance company review?Aetna is a very strong health insurance company. Aetna have strong financial strength ratings and offers health insurance products within all 50 states (although they do not offer adjectives types of products in each state). Aetna's strength insurance ...

By Theo Francis[Bloomberg] -- The Obama administration is weighing how the government can encourage workers to turn their savings into guaranteed income streams following a collapse in retiree accounts when the stock market plunged.The U.S. Treasury and Labor Departments will ask for ...

Everyone on Wall Street wants to make a killing, except for the bankers at Credit Suisse and Goldman Sachs. Through a spokesman, Goldman Sachs says it has no plans to directly securitize life insurance settlements, though it does maintain a (so far ...

AIG closes $697.5M sale of life insurance premium finance portfolio as part of restructuringInsurer American International Group Inc. said on Tuesday that it closed the sale of its life insurance premium finance business for $679.5 million in cash.AIG sold a majority of ...

Back in November, Michael Lewis wrote a great story in Portfolio on the financial crisis, focusing on the traders who saw that the housing bubble was going to crash, bringing mortgage-backed securities down with it - and made lots of money betting ...

The Boom-Time Bums These operators capitalized on regulatory gaps and used financial gimmicks to engineer quick profits and inflate share prices. Joe Cassano As president of AIG's financial products division, Cassano pioneered the insurance giant's sale of credit-default swaps, which allowed investors ...

AIG'S FORAY INTO DEATH BONDS American International Group, the insurer that's fighting for its life, may be the first major financial firm to sell a " But AIG recently packaged policies into a bond worth $2 billion, the largest investment backed by ...

A woman works most of her life and is surprised to find that a close friend, who's been a stay-at-home mom, is entitled to receive nearly the same amount of Social Security. Beginning with people born in 1938 or later, that age ...

You want to buy the best health insurance plan, which will not only give you excellent policy benefits but also render you maximum tax savings. Choosing the right health insurance company should be the first step of applying for health insurance policies ...