Latest AIG Headlines

All the headlines from our AIG Topic Page, ordered by recency.

New AIG Unit Formed to Help Manage Terrorism Exposure and Risks

Mar 7 2007 // The AIG Companies announced the formation of AIG Homeland Security Solutions. The new specialty unit will provide access to insurance, risk management and security products and services to help companies work to prevent,...

A.I. Risk Introduces Diagnostic Radiology Facility Program

Feb 27 2007 // A.I. Risk Specialists Insurance, Inc., a member company of American International Group, Inc., has introduced AI Risk Radiology Solutions, a portfolio of property and casualty insurance coverages written specifically to...

People and Places

Feb 26 2007 // The National Association of Insurance Commissioners named its 2007 committee chairs and vice chairs. The new committee assignments are for one year.International Insurance Relations Committee: Chair Diane Koken,...

People

Feb 25 2007 // The National Association of Insurance Commissioners named its 2007 committee chairs and vice chairs. The new committee assignments are for one year.International Insurance Relations Committee: Chair Diane Koken,...

AIG Expands Captive Operation to Guernsey

Feb 22 2007 // A subsidiary of American International Group, Inc. (AIG) has received approval from The Guernsey Financial Services Commission to form a protected cell company in Guernsey, to be named AIG Insurance PCC Limited...

AIG Environmental to Offer Property Insurance

Feb 20 2007 // AIG Environmental, a division of the property and casualty subsidiaries of American International Group, Inc. (AIG), introduced AIG Environmental Property, an insurance facility designed to enable AIG Environmental to...

Business Moves

Feb 11 2007 // Goldman Sachs, USI HoldingsBig insurance broker USI Holdings Corp. headquartered in Briarcliff Manor, N.Y., agreed to be acquired by GS Capital Partners, a private equity affiliate of Goldman, Sachs & Co., in a...

Business Moves

Feb 11 2007 // Aon, Footman JamesChicago-based Aon Corp. completed the acquisition of Footman James from Alchemy Partners Ltd. based in Guernsey. Terms of the transaction were not disclosed. The transaction will have no effect on...

Boston Risk Specialists Appoints New CEO

Feb 2 2007 // Boston-based Risk Specialists Cos. Inc., a member company of American International Group, Inc. (AIG), has appointed David A. Jordan chief operating officer. Jordan will continue as a senior vice president of Lexington...

AIG Europe, Accenture Sign 10-Year Outsourcing Agreement

Jan 18 2007 // Accenture has signed a 10-year, $100 million business processing outsourcing (BPO) agreement with AIG Europe S.A. The Agreement provides for Accenture to set up an IT platform and insurance support services to AIG...

AIG Elects Senior Vice Presidents

Jan 18 2007 // The board of directors of American International Group, Inc. (AIG) has elected three new AIG senior vice presidents and four new AIG vice presidents.Hans K. Danielsson was elected senior vice president, Investments, and...

AIG Sues Former Accounting V.P., Alleging Extortion Attempt

Dec 26 2006 // American International Group Inc. sued a former accounting vice president last Friday, alleging she has refused to return company computers and confidential information and has attempted to “harass, extort and...

2006: a big year for P&C buyers and sellers of all shapes and sizes

Dec 25 2006 // JANUARYHallmark Aquires Aerospace Holdings Fort Worth, Texas-based Hallmark Financial Services Inc. has completed its acquisition of Aerospace Holdings LLC, which markets general aviation insurance products. Hallmark...

2006: Soft market offers up many new insurance products

Dec 25 2006 // E&O, Professional/Management Liability New P/C Insurance Agents’ E&O Rockwood Programs partnered with certain underwriters at Lloyd’s of London to offer professional liability coverage specifically...

New Markets

Dec 25 2006 // Accident Site and Public Response Nuts & Bolts: AIG Specialty Excess, an umbrella and excess casualty underwriting unit of the AIG Companies, announced the addition of Accident Site Advisor and PublicResponse to its...

New Markets

Dec 24 2006 // Accident Site and Public ResponseNuts & Bolts: AIG Specialty Excess, an umbrella and excess casualty underwriting unit of the AIG Companies, announced the addition of Accident Site Advisor and PublicResponse to its...

Business Moves

Dec 24 2006 // The Hartford, West VirginiaThe Hartford Financial Services Group Inc. has entered the personal lines independent agency market in West Virginia. Products being offered in West Virginia through The Hartford’s...

Business Moves

Dec 24 2006 // National Atlantic, Commerce GroupNational Atlantic Holdings Corp. confirmed that preliminary discussions with The Commerce Group Inc. of Webster, Mass., regarding a potential business combination or other strategic...

2006 New Markets Report

Dec 24 2006 // E&O, Professional/Management LiabilityNew P/C Insurance Agents’ E&O Rockwood Programs partnered with certain underwriters at Lloyd’s of London to offer professional liability coverage specifically for...

2006:a big year for P&C buyers and sellers of all shapes and sizes

Dec 24 2006 // JANUARYHallmark Acquires Fort Worth, Texas-based Hallmark Financial Services Inc. has completed its acquisition of Aerospace Holdings LLC, which markets general aviation insurance products. Hallmark underwrites...