All the headlines from our AIG Topic Page, ordered by recency.
Sep 11 2015 // American Group International Group Inc. won a decision that narrowed the claims by six investment funds that opted out of a $970.5 million class-action settlement last year over allegations the insurer misled investors...
Sep 9 2015 // American International Group Inc. and Axis Capital Holdings Ltd. are among insurers for the company that owns AshleyMadison.com, the adultery website hacked in a breach that exposed more than 37 million users, people...
Sep 4 2015 // American International Group Inc., the insurer seeking to cut costs under Chief Executive Officer Peter Hancock, said it will halt employees’ existing pension program in the U.S. and instead focus on 401(k)...
Sep 3 2015 // AIG Private Client Group, a division of American International Group, Inc. that serves high net worth policyholders, has introduced wearable collections coverage, a specialized insurance product for couture and designer...
Sep 1 2015 // Willis Group Holdings and American International Group, Inc. have launched “Evergreen,” described as “an innovative, new approach to insurance that removes the need for annual policy renewal – the first...
Aug 28 2015 // An American International Group Inc. unit and Coventry First LLC began a trial in a dispute over bets in the insurance market on when people would die.Lavastone Capital LLC, the AIG subsidiary, claims Coventry ripped it...
Aug 26 2015 // Nationwide Private Client insurance products and services for affluent clients are now available in four new states: Alaska, Idaho, Minnesota, and Tennessee, bringing the total number of states served to 16.Nationwide...
Aug 19 2015 // American International Group Inc. said it raised net proceeds of about $500 million selling stock of AerCap Holdings NV as the insurer completed its departure from the airplane-leasing business.The sale of 10.7 million...
Aug 17 2015 // ACE Limited, which announced plans to acquire Chubb for $28 billion in July, has designated a post-merger leadership team for the North American insurance operations of the combined company.The North America leadership...
Aug 17 2015 // ACE Limited’s acquisition of Chubb Insurance could create opportunity for American International Group (AIG), which is already a major player in the high net worth market along with both ACE and Chubb.Asked during an...
Aug 17 2015 // An Alameda County, Calif., jury has awarded Pennsylvania-based Victaulic Co., $55.3 in damages against three AIG companies.The trial in Victaulic Co. v. American Home Assurance Co. et al., in Alameda County Superior Court...
Aug 13 2015 // The United States filed an appeal on Wednesday against a U.S. judge’s ruling in June that sided with former American International Group chief executive Maurice “Hank” Greenberg on a legal claim over the...
Aug 11 2015 // Prime Minister Narendra Modi needs to offer much more than just his best intentions to clean up India’s whimsical tax regime to help convince insurers.Companies from Allianz SE to American International Group Inc....
Aug 7 2015 // An Alameda County, Calif., jury has awarded Pennsylvania-based Victaulic Co., $55.3 in damages against three AIG companies.The trial in Victaulic Co. v. American Home Assurance Co. et al., in Alameda County Superior Court...
Aug 5 2015 // Dan Conway has joined global insurer Starr Companies as senior vice president for Specialty Casualty. Conway will assume overall responsibility for the Construction, Excess Construction and the Defense Base Act (DBA)...
Aug 5 2015 // American International Group Inc. plans to sit out the unprecedented wave of insurance industry deal-making and instead focus on integrating businesses in Japan.The timetable for merging AIU with Fuji Fire & Marine has...
Aug 4 2015 // American International Group Inc. (AIG) today reported net income of $1.8 billion for the quarter ended June 30, 2015, compared to $3.1 billion, for the second quarter of 2014. Second quarter net income declined primarily...
Aug 3 2015 // Craig Sparks, non-executive chairman of Union Standard, has been presented with the Raymond Mauk Leadership Award by the Insurance Council of Texas (ICT). Sparks is the 18th recipient of the award.The ICT presents the...
Jul 28 2015 // American International Group (AIG) has named a new investment officer and is buying the new executive’s firm.Douglas A. Dachille, chief executive officer of New York City-based First Principles Capital Management,...
Jul 23 2015 // As Nestle SA slugs it out with India’s food regulator over the amount of lead in its popular Maggi instant noodles, the dispute is whipping up business for insurers.The local unit of American International Group Inc....