AIG to Invest $92.5M in China P/C Insurer

American International Group Inc. (AIG), which sold much of its stake in the Asian insurer AIA Group several years ago to help pay back the federal government for its bailout, is moving to reinvest ...

CFOs Express Growing Confidence in U.S. Economy

During the past year, chief financial officers (CFOs) have grown significantly more confident in the U.S. economy. The 2013 Spring CFO Survey from Grant Thornton LLP reveals that 45 percent of ...

How Good Are Hurricane Forecasts?

Hurricane forecasts are very interesting and well publicized in the media, but how reliable are they? Not very, according to catastrophe modeling expert Karen Clark, who provides a chart of seasonal ...