A new wave of loan defaults, this time tied to commercial mortgages, is starting to hit insurance companies and may be contributing to the stock market's woes.

A CONSORTIUM led by sovereign wealth fund China Investment Corp is in talks to buy a 49 per cent stake in American Life Insurance Co , a unit of AIG, in a deal that could be worth up to US$10.6 billion , ...

Investors are wondering if Warren Buffett has lost his touch. They are bailing out of Berkshire Hathaway Inc stock and have lost some confidence that the insurance and investment company, run by one of the ...

The health insurance industry says it will support a national health care overhaul that requires them to accept all customers regardless of pre-existing conditions; A breakthrough in both transplant and stem ...

The auction of a signed portrait of billionaire Warren Buffett that was painted at this year's Berkshire Hathaway shareholders meeting will end Thursday evening at 7 p.m. CST.

The economy's health worsened in October as stocks, building permits and consumer expectations all fell, a private research group said Thursday.

Auto executives appeared on Capitol Hill for a second day on Wednesday to argue their case for a $25 billion aid package as legislators in both houses and in both parties seemed to move closer to a deal.

Standard & Poor's said Wednesday that it downgraded Ambac Financial and the company's main bond insurance unit because the rating agency expects more losses from guarantees of mortgage-backed securities and ...