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American International Group, Inc. announced today that it has completed the sale of its AIG Private Bank Ltd. subsidiary, in a deal worth $308 million, to a subsidiary of Abu Dhabi-based Aabar Investments PJSC.

One of the few growth areas of the economy is the eldercare industry. Driven by the rapidly expanding senior population in the United States, profit and nonprofit eldercare organizations are racing to keep up with

Emerging risks and the current economic situation's impact will be among topics covered at the Risk and Insurance Management Society conference beginning Sunday.

Commercial property-casualty insurance market rates continue to show signs of stability as premium price reductions continue to moderate, according to a survey of major insurance brokers.

Catastrophe risks can expect to see double digit insurance premium increases through the rest of this year as underwriting capacity dwindles and the hurricane season approaches, an executive from Marsh said.

Paul Fuller, president of wholesale specialty program operations, Glatfelter Insurance Group, discusses public entity coverage.

Hiscox hopes to build construction property insurance in the US market

Heacock Classic names American Modern its exclusive carrier