American International Group, Inc. (AIG) has announced that its Board of Directors has elected three new AIG Senior Vice Presidents and four new AIG Vice Presidents. Hans K. Danielsson was elected Senior Vice President, Investments, and Daniel S. Glaser and ... [full story]

The National Insurance Commission (NAICOM) has read the riot act to insurance companies and broking firms on oil and gas insurance just as the insurance supervisory body released guidelines on oil and gas. Commissioner for Insurance, Chief Okechukwu Chukwulozie, at ... [full story]

The U.S. House of Representatives passed legislation to cut the interest rate on student loans in half, helping Democrats fulfill a list of campaign promises after taking over Congress. Lawmakers voted 356-71 today in favor of reducing the rate charged ... [full story]

ING Miami Marathon and Half Marathon on Jan. 28 to be stage for fit kids; Orange shoelaces show a community are 'tied' to physical fitness ING, a global financial services company and title sponsor of marathons worldwide, announced today a ... [full story]

It pays to face up to big insurance companies. When you consider buying insurance, you have to contemplate worst-case scenarios that are so contrary to what you hope will happen that they're hard to think about rationally. Yet when the worst ... [full story]

Progressive, which sells auto insurance directly to consumers over the phone and on the Internet, is offering Michigan drivers a program that will allow them to pay lower premiums by driving less and during non-peak hours. TripSense, a program started in ... [full story]

Smokers and businesses that do not provide employee health insurance would pay higher taxes under Gov. Ed Rendell's plan to extend Pennsylvania's health-insurance program to about 800,000 adults who lack coverage. The proposal, which Rendell unveiled Wednesday, would impose a "fair ... [full story]

Guarantees in Estate Protection UL and the Growth & Income Protector Benefit Help Provide Peace of Mind and Protection Consumers are living longer and their life expectancies continue to increase. For example, a 65-year-old woman has a 50 percent chance ... [full story]