NEW YORK--(BUSINESS WIRE)--New York Life Insurance Company announced today that Senior Vice President Eileen T. Slevin has been elected Chief Information Officer. She reports to Executive Vice President and Chief Administrative Officer Frank Boccio. Directing a staff of more than ... [full story]

NEW YORK (AP) — American International Group (AIG), the world's largest insurer, said Wednesday its third-quarter profit dropped 27%, hurt by tight credit and the ailing U.S. housing market. Shares fell $1.40, or 2.4%, to $56.50 in after-hours trading, when ... [full story]

ST. LOUIS, Nov. 7 /PRNewswire/ -- Today, GMAC Insurance announced a strategic, long-term partnership with Road Safe America, a non-profit organization dedicated to making highways safer by reducing the number of collisions between large trucks and passenger vehicles. In the ... [full story]

State Farm and Casualty Co. and State Farm Mutual Automobile Insurance Co. filed a lawsuit against Mississippi Attorney General Jim Hood, alleging Hood violated a prior agreement to end an investigation into State Farm's handling of Hurricane Katrina claims. Hood ... [full story]

Washington consumers will likely see their rates increase as a response to the expected impact of the voter-approved legislation, Referendum 67. The referendum, which passed with 57 percent of the vote, will allow triple damages to be assessed for "bad ... [full story]

While the cost of health care in the U.S. for people age 65 and older is more than three times that for younger people, health care costs for seniors are growing at a slower rate than they are for younger ... [full story]

THOUSAND OAKS, Calif., Nov. 7 /PRNewswire/ -- Countrywide Bank, FSB, the third largest federal savings bank in the U.S.(1) and a member of the Countrywide (NYSE:CFC) family of companies, today announced plans to expand the bank's financial center network in ... [full story]