The U.S. set illegal terms in demanding AIG stock for an $85B bailout during the financial crisis, but that doesnt mean AIG investors deserve compensation, a court ruled.

A former JPMorgan Chase employee was arrested by the FBI on charges of stealing customer data and trying to sell it to an undercover informant for tens of thousands of dollars.

Former AIG Chairman Hank Greenberg lost his bid to toss a decade-old fraud suit by New Yorks attorney general.

Federal disaster relief officials asked insurers to get out of the way of settlement talks over more than 1,000 outstanding disputes involving Hurricane Sandy victims flood claims.

Federal disaster assistance officials have begun reaching settlements with more than 1,000 Hurricane Sandy victims who allege they were unfairly denied flood insurance claims or paid too little for them.

An official with FEMA said last week the U.S. is working with insurers to pay more on flood claims, possibly even to homeowners who didnt sue.

FEMA is working on settling litigation with hundreds of Hurricane Sandy victims who challenged denials or alleged underpayments of flood insurance claims.

Ex-AIG Chairman Maurice Hank Greenberg said New Yorks pursuit of him through a decade-old fraud suit is a waste of taxpayer money, as the two sides prepare for a trial next month.