Voluntary Benefits

American International Group lost $4 billion in the last three months of 2012 as the insurer absorbed costs related to damage caused by Superstorm Sandy and the sale of its airplane leasing unit.

Insurance company Allianz SE says net profit almost doubled last year as losses on Greek bonds no longer weighed down its results.

American International Group Inc. is expected to report a loss in the fourth quarter, reflecting more than $1 billion in losses related to insurance policy payouts in the aftermath of Superstorm Sandy. AIG will report its latest financial results on Thursday after the market closes.

The largest U.S. health insurer says it will add another 600 new customer service, claims processing, and nursing jobs in North Carolina.

AIG said Tuesday that it wants to buy back up to $1.25 billion of its bonds in a move to cut down its debt.

California's insurance watchdog said Thursday that Anthem Blue Cross has agreed to reduce its rate increase for 630,000 policyholders.