For the first time in 150 years, an insurer will be federally regulated. AIG has chosen not to challenge its designation by the Fed as a systemically important financial institution.

Insurers, even those which operate thrifts, will be temporarily exempt from new tighter capital standards imposed on larger financial institutions under the Basel III capital regimen.

Insurers, even those which operate thrifts, will be temporarily exempt from new tighter capital standards imposed on larger financial institutions under the Basel III capital regimen.

Hazardous chemical operations should carry insurance for a worst-case scenario, an industry consultant has testified before Congress in outlining a host of critical issues exposed by the West Fertilizer plant explosion in April.

Hazardous chemical operations should carry insurance for a worst-case scenario, an industry consultant has testified before Congress in outlining a host of critical issues exposed by the West Fertilizer plant explosion in April.

A federal court judge in Washington has cleared for trial claims by former CEO Maurice Hank Greenberg that the federal governments methodology in aiding a troubled American International Group amounted to an attempt to steal the business.

A federal court judge in Washington has cleared for trial claims by former CEO Maurice Hank Greenberg that the federal governments methodology in aiding a troubled American International Group amounted to an attempt to steal the business.

Issues central to the insurance industry will be tackled as part of the ambitious three-pronged climate-change plan President Obama unveiled June 25