American International Group Inc. (AIG) sold its Asian life insurance business to Prudential PLC of Britain on Monday. The deal was inked for $35.5 billion and is reportedly the largest insurance takeover so far.

Detroit -- Thousands of qualified laid off and retired workers in Michigan have signed up for an IRS program to defray health insurance costs, a money manager estimated.

New York, January 23 -- Five U.S. banks were seized by regulators on Friday, totaling the year’s failure to nine.

New York, December 20 -- In a crucial breakthrough towards implementation of Obama's health care program, the Democrats on Saturday garnered the required support, thus giving a major boost to the president’s proposed health care bill.

New York, August 11: After snubbing several proposals of acquisition from investment firm Resolution, insurer Friends Provident has finally consented to a £1.86 billion takeover offer.

With gas prices rising, commuting to work every day is getting expensive. But saving on transport cost is not hard. All it needs is some thinking and some doing.

Buying a house is the most valuable investment for most of us. Being a valuable asset, it calls for protection in the form of insurance.