All the headlines from our AIG Topic Page, ordered by recency.
Oct 15 2004 // AIG Chairman Maurice Greenberg today said he does not think the charges brought by New York Attorney General Eliot Spitzer against giant insurance broker Marsh McLennan will hurt his company’s business but that they...
Oct 14 2004 // American International Group Inc. (AIG) has issued an estimate of its total expected losses relating to Hurricanes Charley, Frances, Ivan and Jeanne, and Typhoons number 16 (Chaba), 18 (Songda) and 21 (Meari) in Japan. AIG...
Oct 14 2004 // New York Attorney General Eliot Spitzer on Oct. 14 sued Marsh & McLennan Companies, the nation’s biggest insurance brokerage firm, alleging that it steered clients to insurers with whom it had lucrative...
Oct 12 2004 // The insurance industry has difficulty convincing Congress about the significance of its business and some of its own leaders about the pitfalls of overly-aggressive price competition, according to one of the world’s...
Oct 7 2004 // AIG Excess Casualty(R), a division of the property and casualty insurance subsidiaries of American International Group, Inc., announced the launch of AIG ExcessAdvantage, described as “a new program designed to...
Oct 5 2004 // The Securities and Exchange Commission has warned American International Group that it is considering recommending that a civil action be brought against AIG alleging violations of the federal securities laws with respect...
Oct 4 2004 // Four men, including three “Big Dig” workers, were indicted last week in Massachusetts in unrelated cases for allegedly receiving workers compensation payments totaling more than $300,000 while holding down...
Sep 28 2004 // The Primary Claims division of AIG Domestic Claims, a division of the AIG Companies, has announced the launch of IntelliRisk NetSource(R) 6.0, an enhanced version of the leading web-based claims analysis and inquiry...
Sep 22 2004 // American International Group, Inc. announced that AIG and its subsidiary AIG Financial Products Corp. (AIGFP) have received a “Wells Notice” from the Staff of the Securities and Exchange Commission (SEC).The...
Aug 24 2004 // An announcement from American International Group notes that the Starr Foundation will donate $1 million to the Hurricane Charley relief effort.“The donation, which will be managed by the Volunteer Florida...
Aug 24 2004 // AIG Aviation Inc., a member company of American International Group Inc. (AIG), announced that it is now offering Specialty Workers’ Compensation coverage to meet the growing need of employers who place separate...
Aug 20 2004 // American International Group, Inc. has issued an initial estimate of its total expected losses from Hurricane Charley, indicating that the total after tax would be in a range of $80 to $100 million. “This total...
Aug 12 2004 // Transatlantic Holdings, Inc. announced that Kenneth Apfel has been elected Senior Vice President and Chief Actuary, effective immediately. Commenting on the announcement, Robert F. Orlich, President and CEO, stated:...
Aug 10 2004 // Sanborn’s Mexico Auto Insurance, a division of Travco Services Inc, is pleased to announce the addition of AIG Mexico Seguros Interamericana, S.A. de C.V. to their e-commerce solution to sell southbound Mexico...
Aug 9 2004 // American International Group Inc. (AIG) reported that its second quarter 2004 net income rose 25.7 percent to a record $2.86 billion or $1.09 per share, compared to $2.28 billion or $0.87 per share in the second quarter of...
Aug 3 2004 // Police closed several streets in midtown Manhattan and banned trucks from bridges and tunnels leading to the city’s financial district Monday, Aug. 2, following a government warning that terrorists were planning to...
Jul 26 2004 // AIG Small Business, a unit of the property and casualty insurance subsidiaries of American International Group Inc. (AIG), introduced WorldRisk TravelPak(SM), a comprehensive package of international coverages designed for...
Jul 23 2004 // American International Group Inc. (AIG) reported that its second quarter 2004 net income rose 25.7 percent to a record $2.86 billion or $1.09 per share, compared to $2.28 billion or $0.87 per share in the second quarter of...
Jul 19 2004 // This is the first in a series of articles on the Asia insurance marketplace. Part two in this series will focus on India and will appear in a September issue of Insurance Journal. “Let China Sleep, for when she...
Jun 22 2004 // AIG United Guaranty, whose affiliate companies provide mortgage guaranty insurance, announced plans to expand both its European and Asian operations as part of its “international growth program.” It has...