All the headlines from our AIG Topic Page, ordered by recency.
Jun 24 2005 // American International Group Inc. (AIG) announced that its subsidiary, American International Underwriters Insurance Company (AIUI), has been notified that it will receive a license from the government of Vietnam to...
Jun 23 2005 // A.M. Best Co. has affirmed the financial strength rating of B++ (Very Good) of The Fuji Fire & Marine Insurance Company Limited (Fuji Fire) (Japan). The rating outlook has been revised to positive from stable.The...
Jun 22 2005 // American International Group has named David L. Herzog as its new comptroller. He has also been elected an AIG senior vice president, reporting to Steven J. Bensinger, AIG executive vice president and chief financial...
Jun 20 2005 // Standard & Poor’s Ratings Services lowered its long-term counterparty credit and senior debt ratings on American International Group Inc. to “AA” from “AA-Plus.” S&P also removed the...
Jun 13 2005 // The Securities and Exchange Commission has charged a second senior executive of General Re Corporation, Richard Napier, for his role in aiding and abetting a securities fraud committed by American International Group,...
Jun 10 2005 // Shortly after Maurice “Hank” Greenberg made news in the last week, American International Group Inc. reported Friday that Howard Smith, the company’s former chief financial officer, resigned from its...
Jun 7 2005 // The former chief executive officer of Cologne Reinsurance Company in Dublin, a General Reinsurance subsidiary, has agreed to plead guilty to federal criminal charge of conspiring with others to misstate certain financial...
Jun 6 2005 // AG Targets Ex-Execs Greenberg and Smith; AIG Restates Financials; Is Settlement Next?From the 1980s until recently, insurance giant American International Group and its top executives “routinely engaged in misleading...
Jun 6 2005 // AG Targets Ex-Execs Greenberg and Smith; AIG Restates Financials; Is Settlement Next?– Maurice “Hank” Greenberg, AIG CEO, 1992From the 1980s until recently, insurance giant American International Group...
Jun 6 2005 // Fla. Orders AIG: ‘Turn Over Detailed Financial Information’AIG’s admitted misrepresentations on financial statements. A statement from the OIR said the financial community has been rocked with the results...
Jun 3 2005 // Standard & Poor’s Ratings Services has lowered its long-term counterparty credit and senior debt ratings on American International Group Inc. (AIG) to AA from AA-Plus. Standard & Poor’s also removed...
May 31 2005 // American International Group Inc. (AIG) announced that it has filed its long-awaited 2004 annual financial report Form 10-K along with adjustments for 2000 through 2003 with the Securities and Exchange Commission.As part...
May 27 2005 // Ohio Attorney General Jim Petro has filed suit against former American International Group Inc. CEO Maurice R. “Hank” Greenberg and his wife, Corinne P. Greenberg, in order to put a hold on the transfer of more...
May 27 2005 // The long-time accounting firm for American International Group, PricewaterhouseCoopers LLP, reportedly ignored warnings from the audit committee for the AIG board of directors when that panel said in 2001 and 2002 that it...
May 26 2005 // New York Attorney General Eliot Spitzer and State Insurance Superintendent Howard Mills announced a lawsuit against the nation’s largest business insurance company, alleging that the firm manipulated its books to...
May 25 2005 // The Wall Street Journal reported Wednesday that New York State Attorney General Eliot Spitzer and the State’s Insurance Department are near completion on producing a civil complaint against American International...
May 23 2005 // Responding to the announcement from American International Group that it was restating its financial statements for the years 2000 to present, and that the filing of its 2004 annual report would again be delayed,...
May 23 2005 // The former CEO of American International Group Inc. is once again making headlines. According to the New York Times, federal prosecutors are looking into whether Maurice Greenberg reportedly was in charge of an effort to...
May 23 2005 // Program Managers Working for the Working ClassFor some program administrators, blue is the color of money. While other insurance programs target lawyers, insurance agents and various white-collar occupations, some of the...
May 23 2005 // MASSACHUSETTSSafe Driver Plan Revised: Massachusetts Insurance Commissioner Julie M. Bowler has approved changes in the way drivers receive discounts and surcharges to their auto insurance policies based on their driving...