All the headlines from our AIG Topic Page, ordered by recency.
Mar 20 2006 // Lloyd’s of London has selected an insurance outsider, Richard Ward, former head of the London-based International Petroleum Exchange, as its new chief executive officer. He spent six years as CEO of IPE, which has...
Mar 20 2006 // Attorney General Mike Cox reported that American International Group Inc. and its subsidiaries (AIG) have paid more than $5.2 million to the state of Michigan, representing the underpayment, with interest, of...
Mar 16 2006 // American International Group Inc. (AIG) has filed its Annual Report on Form 10-K for the year ended Dec. 31, 2005 with the Securities and Exchange Commission.Net income for the full year 2005 was $10.48 billion or $3.99...
Mar 9 2006 // Kansas Insurance Commissioner Sandy Praeger in a written statement said that Kansas is the recipient of back taxes and interest in the amount of $410,598 from one of the largest insurance groups in the United States,...
Mar 7 2006 // American International Group Inc. (AIG) reported that Olin Wethington, former special envoy on China, U.S. Department of the Treasury, has joined AIG as chairman of AIG Companies in China, a new position. In this capacity,...
Mar 6 2006 // American International Group Inc. announced that its AIG Companies terminated the agency relationship with Starr Technical Risks Agency Inc. and its subsidiaries (Starr Tech), insurance agencies owned by C.V. Starr &...
Mar 6 2006 // As a federal probe into the insurance industry widens, four former top executives of giants General Re and American International Group are pleading not guilty to fraud and conspiracy charges.The Justice Department has...
Mar 3 2006 // Attorney General Mike Cox reported Friday that American International Group Inc. and its subsidiaries (“AIG”) have paid more than $5.2 million to the State of Michigan, representing the underpayment, with...
Feb 28 2006 // Expanding its servicing capabilities for new and existing clients, Starr Technical Risks Agency, Inc. announced that it will begin immediately to offer commercial insurance coverages by ACE USA and Berkshire Hathaway...
Feb 27 2006 // AIG Auto Insurance has announced it would lower auto insurance costs for thousands of policyholders in Nevada. The company is implementing a 5 percent rate decrease in Nevada, lowering auto insurance costs on thousands of...
Feb 27 2006 // The AIG Companies have formed AIG Specialty Excess, an umbrella and excess casualty underwriting unit that the company says will concentrate on insuring specialty and difficult-to-place classes of business including...
Feb 22 2006 // Minnesota sued insurer American International Group Inc. last week rather than accept a settlement that could have been worth $1.2 million.Attorney General Mike Hatch said he estimates the state could be owed as much as...
Feb 20 2006 // As part of its record $1.6 billion overall settlement with state and federal officials for fraud and improper accounting, American International Group will pay states $343.5 million for underpayment of workers’...
Feb 20 2006 // State and federal regulators on Feb. 9 announced agreements that resolve litigation and investigations of securities fraud, account steering, bid-rigging, improper accounting and under-reporting of workers’...
Feb 20 2006 // Producers should no longer expect contingent commissions from American International Group, according to the settlement with New York Attorney General Spitzer and what the company says is its own global policy...
Feb 19 2006 // NEW HIRE TRAININGDiscover the ‘missing ingredient’ ‘VALUED PROPERTY’ COVERAGE La., Miss. statutes to be testedCLOSER LOOK: Nonprofit insurersLOUISIANA’S ROBERT WOOLEYOn hurricanes and the...
Feb 19 2006 // Record $1.6 billion deal ends litigation, creates ‘new path’ for giant AIGState and federal regulators on Feb. 9 announced agreements that resolve litigation and investigations of securities fraud, account...
Feb 19 2006 // As part of its record $1.6 billion overall settlement with state and federal officials for fraud and improper accounting, American International Group will pay states $343.5 million for underpayment of workers’...
Feb 19 2006 // Producers should no longer expect contingent commissions from American International Group, according to the settlement with New York Attorney General Spitzer and what the company says is its own global policy...
Feb 17 2006 // As a federal probe into the insurance industry widens, four former top executives of giants General Re and American International Group are pleading not guilty to fraud and conspiracy charges.The Justice Department has...