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NEW YORK, Dec 21 (Reuters) - American International GroupInc is in talks to sell its Hartford Steam BoilerInspection and Insurance Co unit to Germany's Munich Re, a source familiar with the matter said on Sunday.

Today's installment of age-based investment tips for 2009 from advisers at 360 Wealth Management Group of Raymond James & Associates.Greg Ghodsi, senior vice president of investments in Tampa and North Carolina says these are the main points he reviews with clients ages 35-55 years:-Make sure you have a good disability policy; greater chance of this than death. See if it is portable if you change jobs-Term insurance is good to protect your family from death; proceeds can replace the income lost by the earner. Both spouses should have this.-Fund 529 plans or state pre-pay programs for kids' higher education -Get an umbrella liability policy-Fully fund your 401(k) so you can also get the company match, if available-After all of these items are funded, you should first invest in CD's or high rated bonds to build a base of your portfolio-After you create this base then you have the ability to afford the risk of the equity marketsJeff Sellers, Vice President of investment

A former chiropractor behind a $12.1 million health insurance fraud that federal prosecutors called the largest in western Pennsylvania history was sentenced to repay the money and spend four ...

A former vice president at Rhode Island's dominant workers' compensation insurer, who was indicted two years ago for conspiracy and insurance fraud, is facing a new indictment.David R. Clark, ...

The insurance industry recapitalisation and  consolidation have no doubt brought responsiveness and enhanced customer value among insurance companies. With adequate capital within their disposal, it is easier now for companies to meet their ...

Health care was hot, and banks, mostly, were not. But there were plenty of exceptions, including two sizzling housing stocks

As the global economy contends with the financial crisis, Nigerian insurers express optimism that the impact on the local market would be minimal, even as Ladipo Ajayi, managing director, LASACO Assurance plc, tells MODESTUS ANAESORONYE in this ...

It's the 'floor' of benefits that adult tax filers need to be considered insured and avoid tax penalties in Massachusetts. Starting on January 1, 2009, specific benefits will be required under Minimum Creditable Coverage. Massachusetts-licensed health insurance companies must put an MCC-compliance notice on their plans to indicate if it does or does not meet MCC. Most do meet the MCC standards.read more

DUBLIN (Reuters) - The Irish government said on Sunday it would invest 5.5 billion euros (5.12 billion pounds) in the country's three main banks, speeding up its recapitalisation plans after a loan sc...

Swiss insurer Zurich Financial Services Group is drawing U.S. commercial clients away from financially beleaguered rivals, a company executive for North America said on Friday.'We have seen ...