All the headlines from our AIG Topic Page, ordered by recency.
Jul 22 2015 // A unit of American International Group Inc. was sued by the Boy Scouts of America over claims it refused to provide insurance coverage for settlements of child sex-abuse cases from 1975 to 1980.The scouting organization...
Jul 22 2015 // A three-hour shutdown of the New York Stock Exchange on the same day that a network failure halted all United Airlines flights in the U.S. had people across the country thinking one thing: cyber-attack.It wasn’t, but...
Jul 16 2015 // AIG Private Client Group, a division of American International Group, Inc., has introduced a risk management and mitigation service for residential construction projects with budgets of $5 million or more.As part of its...
Jul 14 2015 // Risk Settlements has added Steven Schienvar as a managing director in Dallas.Schienvar previously spent 13 years at AIG in various positions including president of AIG’s assumed reinsurance division (AIG Re), and...
Jun 30 2015 // Berkshire Hathaway Specialty Insurance Co. (BHSI) said it is entering the healthcare underwriting market in Australia, and has appointed Tony Bainbridge, previously with American International Group (AIG), to lead the...
Jun 26 2015 // Maurice “Hank” Greenberg said that his partial victory in a lawsuit tied to American International Group Inc.’s bailout isn’t enough, and that he’s seeking financial damages to hold the...
Jun 22 2015 // American International Group Inc. announced that Annabelle Bexiga has been named business information officer (BIO) for Commercial Insurance.Effective in August 2015, Bexiga will report to Phil Fasano, chief information...
Jun 19 2015 // A decade-old lawsuit in which New York accused former American International Group Inc. Chief Executive Maurice “Hank” Greenberg of accounting fraud will head to the state’s highest court for a second...
Jun 16 2015 // Maurice “Hank’ Greenberg, who yesterday won what most considered a long-shot case with a ruling that the U.S. government acted illegally towards American International Group Inc. shareholders in the terms it...
Jun 16 2015 // During the trial, David Boies was his usual mildly rumpled and mostly unpretentious self, peering over his reading glasses, padding around in his hallmark black suede slipper-shoes and smiling his way to victory in a case...
Jun 16 2015 // American International Group Inc., which opted against joining Maurice “Hank” Greenberg in a suit against the U.S., became a victor in the case after a judge ruled that the former chief executive officer...
Jun 15 2015 // Update: Greenberg Will Appeal AIG Bailout Case Win Over Lack of DamagesThe U.S. set illegal terms in demanding American International Group Inc. stock for an $85 billion bailout during the financial crisis, but that...
Jun 5 2015 // American International Group Inc., the largest commercial insurer in the U.S. and Canada, raised $3.7 billion in cash by selling AerCap Holdings NV stock in a larger- than-planned transaction.AIG sold about 71.2 million...
Jun 3 2015 // American International Group Inc. Chief Executive Officer Peter Hancock said that it’s difficult to quantify the financial risk to the company from former CEO Maurice “Hank” Greenberg’s suit over...
Jun 1 2015 // Benjamin M. Lawsky announced his plan to leave the New York State Department of Financial Services (NYDFS) in late June after four years serving as the newly created agency’s first superintendent.Lawsky was nominated...
May 27 2015 // Maurice “Hank” Greenberg spent some of his 90th birthday party like he’s spent much of the past decade: angry.As he addressed his family at a lunch at a private estate this month, one of his sons made...
May 20 2015 // American International Group Inc. has acquired a controlling stake in ING Employee Benefits Global Network and renamed it AIG Global Benefits Network. The network is based in Belgium.The network’s minority...
May 18 2015 // Massachusetts Gov. Charlie Baker’s administration announced the appointment of Daniel R. Judson as new commissioner at the Massachusetts Division of Insurance.Judson succeeds Joseph Murphy who stepped down from the...
May 17 2015 // Billionaire John Paulson’s hedge fund firm bought a position in American International Group Inc. in the first quarter valued at $800 million at the end of March, in his latest bet on the insurance industry.The New...
May 13 2015 // American International Group Inc. named dealmaker Brian Schreiber chief strategy officer as the insurer shifts to expanding through acquisitions after years of contracting through asset sales to repay a U.S....