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Hartford Financial Services Group Inc. said it will cut 500 jobs this month or about 2 percent of its total work force, citing losses in its investment portfolios and declining revenue. ...more
November 5, 2008
A handful of top executives from American International Group Inc. spent thousands of dollars during a recent English hunting trip, even as the New York-based insurer asked for an additional $37.8 billion loan from the Federal Reserve. ...more
October 16, 2008
Six private insurance companies have been authorized to take 100,000 homeowners policies from state-run Citizens Property Insurance Corp., the Florida Office of Insurance Regulation announced Wednesday. ...more
May 21, 2008
U.S. insurance companies systematically overcharge customers and underpay consumers' home and auto claims to pad their already-fat bottom lines, a consumer group said Thursday. ...more
January 11, 2008
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