All the headlines from our AIG Topic Page, ordered by recency.
Aug 10 2007 // American International Group, Inc. (AIG) reports it is stepping up its presence in the German insurance market by acquiring a German insurer that offers coverage for small and medium firms.A subsidiary of AIG is acquiring...
Aug 8 2007 // American International Group, Inc. reports that its net income for the second quarter of 2007 was $4.28 billion or $1.64 per diluted share, compared to $3.19 billion or $1.21 per diluted share in the second quarter of...
Aug 6 2007 // The Minnesota Workers’ Compensation Reinsurance Association (WCRA) and the Minnesota Workers’ Compen-sation Insurers Association (MWCIA) filed suit on July 17, 2007, against American International Group Inc....
Aug 6 2007 // Minn. groups sue AIG for $100 million in damages for fraud, violationsThe Minnesota Workers’ Compensation Reinsurance Association (WCRA) and the Minnesota Workers’ Compensation Insurers Association (MWCIA)...
Aug 6 2007 // Synercon Insurance HoldingsIn Nashville, Tenn., two insurance industry veterans have formed Synercon Insurance Holdings, a venture that will acquire and link leading independent insurance agencies. David D. Haynes, serving...
Aug 6 2007 // Minn. groups sue AIG for $100 million in damages for fraud, violationsThe Minnesota Workers’ Compensation Reinsurance Association (WCRA) and the Minnesota Workers’ Compen-sation Insurers Association (MWCIA)...
Jul 25 2007 // American International Group, Inc. and Liberty Mutual Group have each been been granted approval by the China Insurance Regulatory Commission (CIRC) to establish a wholly owned subsidiary in China.AIG said that its...
Jul 23 2007 // Oregon fines nine AIG companies $5 millionThe Oregon Department of Consumer and Business Services (DCBS) has imposed a $5 million fine on nine insurers in the American International Group (AIG) for numerous violations of...
Jul 19 2007 // The Minnesota Workers’ Compensation Reinsurance Association (WCRA) and the Minnesota Workers’ Compensation Insurers Association (MWCIA) filed suit Tuesday (July 17) against American International Group Inc....
Jul 6 2007 // The Oregon Department of Consumer and Business Services (DCBS) has imposed a $5 million fine on nine insurers in the American International Group (AIG) for numerous violations of Oregon insurance and workers’...
Jun 27 2007 // The legal battle between American International Group and Maurice “Hank” Greenberg, AIG’s former chairman and chief executive officer who now heads C.V Starr & Co., Inc., has heated up with the...
Jun 25 2007 // Blackstone Group LP’s shares jumped more than 13 percent last Friday on the New York Stock Exchange, after the buyout powerhouse raised $4.1 billion in its initial public offering.The highly-anticipated IPO, which...
Jun 15 2007 // A judge this week denied a defense motion to add more current and former American International Group Inc. officials to a lawsuit challenging payments that the insurance giant made to an outside firm headed by former AIG...
Jun 14 2007 // A.M. Best Co. has affirmed the financial strength ratings of American International Group Inc. and a number of companies that are part of AIG, as follows: — AIG’s life and retirement services subsidiaries...
Jun 11 2007 // American International Group Inc. has settled with a federal banking regulator allegations that it charged homeowners excessive mortgage fees and didn’t properly consider their credit ratings.AIG, an insurance giant...
Jun 4 2007 // C.V. Starr & Co. Chairman Maurice “Hank” Greenberg, former head of American International Group and a target of former New York Attorney General Eliot Spitzer’s investigations, believes...
Jun 4 2007 // Travelers AviationTravelers has launched Travelers Aviation, a new unit targeting corporate and business aircraft, small to mid-size airports, aviation ground services and manufactured non-critical products used as...
Jun 1 2007 // AIG Capital Partners, Inc. (AIGCP), a member company of AIG Global Investment Group (AIGGIG) has reached an agreement to become a significant investor in London-based Sindicatum Carbon Capital Ltd. (SCC). The Company is a...
Jun 1 2007 // A.M. Best Co. has affirmed the financial strength rating (FSR) of “A+” (Superior) and the issuer credit ratings (ICR) of “aa-” of American Modern Insurance Group and its P/C members. Best also...
May 30 2007 // Standard & Poor’s Ratings Services has assigned its “A+” junior subordinated debt rating to American International Group Inc.’s Series A-4 junior subordinated debentures due in 2077. “The...