Like a car crash, American International Group(AIG Quote) has drawn onlookers, both professional and amateur, ever since its stock collapsed last year. No wonder -- its shares are almost twice as volatile as the broader stock market. Since then, the stock ... [full story]

WASHINGTON (Dow Jones)--The insurance industry is seeking changes to legislation to create the new Consumer Financial Protection Agency that would prevent insurers from being swept into the agency's purview. Thirteen insurance trade groups, in a letter to key lawmakers, asked ... [full story]

RALEIGH, N.C. — Some North Carolina drivers will share in $50 million worth of refunds under an agreement announced Wednesday that will roll back private auto insurance rates to 2006 levels and freeze them for two years. State Insurance Commissioner Wayne ... [full story]

Good news, folks. Microsoft founder Bill Gates has turned his attention to controlling the weather. Five U.S. Patent and Trade Office patent applications, made public on July 9, propose slowing hurricanes by pumping cold, deep-ocean water in their paths from barges. ... [full story]