Giant insurer under investigation
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AIG, the world's largest insurer,  is the target of a criminal investigation, accused of helping a client commit fraud.
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Spitzer said other insurance companies are being investigated.
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Some of the insurance brokers and carriers under investigation in New York Attorney General Eliot L. Spitzer&#39;s probe of steering and bid-rigging are major players in the Washington area insurance market.
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Marsh & McLennan, the world's largest insurance broker, may survive its criminal investigation if it makes certain changes.
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Description: Probes of the nation&#39;s insurance industry widen, as California joins New York in investigating insurance sales practices.
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New York and Connecticut officials say they are investigating whether improper behavior by insurance firms has been a factor in the rapidly rising cost of malpractice insurance for lawyers and doctors.
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American International Group, one of the world's largest insurers, continues to clash with regulators, but Wall Street seems more puzzled than alarmed.
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The storm over the U.S. insurance  industry took a new turn Thursday when American International  Group Inc. AIG.N said a federal grand jury is investigating  products it sold that companies might have used to massage  earnings.
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The investigation of insurance industry practices launched by New York Attorney General Eliot Spitzer isn&#39;t just spreading to include more insurers, it has set off a frenzy of scrutiny nationwide, from California to Connecticut.
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Business & money: Criminal investigation into possible fraud and insider trading involves some of world's largest banks
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he British arm of the accounting firm Ernst &amp; Young faces an investigation into its auditing of Equitable Life Assurance Society, an insurer that almost collapsed, a spokesman for the firm said over the weekend.
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An investigation by the New York Attorney General has insurance companies in Canada scurrying to review their commission policies.
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Secretary of State William F. Galvin said yesterday his office has subpoenaed Morgan Stanley in an investigation into whether brokerages failed to disclose payments received from insurers to sell variable annuities.
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A federal grand jury is investigating  products American International Group Inc. sold that companies  might have used to make their earnings look better, AIG, the  world's largest insurer by market value, said on Thursday.
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Insurance giant American International Group Inc. on Wednesday said its financial products unit is being investigated by the Department of Justice over possible violations of securities laws.
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Jefferies Group Inc. , a New York-based brokerage, is under investigation by the US Securities and Exchange Commission as part of a probe into whether brokers doled out gifts to mutual fund executives to win trading business, people familiar with the matter said.
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US financial regulators have requested information from Warren Buffett&#39;s Berkshire Hathaway group as part of a probe into certain insurance products.