Reporting by Ben Berkowitz; Editing by Derek Caney, Dave Zimmerman The recapitalization of bailed-out insurer American International Group Inc. is likely to close next week, a person familiar with the matter said Friday, as AIG shares touched fresh highs on news it was getting closer to the deal. But the rally lost some steam by midday, as the prospect of a large share sale as soon as March revived... 

By KEN BELSON For many drivers, trying to figure out where auto insurance premiums are headed is like trying to catch butterflies: just when you get close, they fly off in another direction. Many indicators that analysts typically use to forecast premiums have been in flux. Highway miles driven nationally have risenbut not as much as last year, and the millions of unemployed drivers are using their... 

For many of us, one of our biggest fears is not being able to pay the mortgage or meet other financial commitments should we find ourselves made redundant or unable to work through illness or accident. While there are a number of ways in which you can protect yourself against loss of income, one of the more controversial forms of cover is payment protection insurance (PPI). What is PPI? PPI is designed... 

By CarInsurance.com Several national rating institutions rate insurance companies. Do coverages, rates, and service vary from company to company? Why can you pay less with one company than another can for the same coverages? Choosing the best insurance company for you is a crucial financial decision. Does your insurance company have the financial strength to safeguard you and your family? If the... 

Following on from a recent research report concerning private equity investors’ views of the asset class in the current climate, Preqin has been talking to insurance companies to see how the financial crisis and economic downturn of the past 12 months have affected this type of institutional investor’s plans for, and expectations of, the private equity asset class. Given the extent and severity... 

The toughest issue confronting lawmakers as they consider health care overhaul is how to pay for it. The measure introduced by Sen. Max Baucus, which is at the forefront of public discussion, comes with a 10-year price tag of $856 billion, or about $285 annually for every American. Other plans would cost even more. Conveniently, like in those Geico ads featuring a stack of bills with eyeballs, there... 

As a single parent, you have the same financial concerns as anyone else–you just don’t have a partner to share the financial burden. Because you’re solely responsible for your children’s needs as well as your own, you may worry about making sound financial decisions. By acting on some of the tips below, however, you may feel more confident when it comes to taking charge of your...