All the headlines from our AIG Topic Page, ordered by recency.
Mar 24 2015 // Maurice “Hank” Greenberg’s Starr International Co. and the U.S. filed a second set of post-trial papers in a lawsuit over the terms of the government’s bailout of American International Group Inc.,...
Mar 23 2015 // American International Group (AIG) and Nationwide Mutual are the top writers of U.S. excess and surplus (E&S) business but Berkshire Hathaway Inc. has climbed to become the eighth largest writer in just two years.A new...
Mar 23 2015 // The industry saw the passing of two of its best known and respected leaders in the past month: Liam McGee, former CEO and executive chairman at The Hartford, and Robert Benmosche, former CEO of MetLife and American...
Mar 22 2015 // American International Group Inc. shareholders won approval on Friday of a $970.5 million settlement resolving claims they were misled about its subprime mortgage exposure, leading to a liquidity crisis and $182.3 billion...
Mar 20 2015 // A long-running defamation lawsuit against former Boston Red Sox and New York Yankees pitcher Roger Clemens by his ex-trainer has been settled for an undisclosed amount of money to be paid by his insurer, attorneys said...
Mar 16 2015 // American International Group Inc. has agreed to acquire a controlling stake in NSM Insurance Group, a managing general agent and insurance program administrator, from ABRY Partners and NSM management.Terms of the deal were...
Mar 13 2015 // Indonesia’s Islamic insurance industry is expanding three times as fast as Malaysia’s, prompting American International Group Inc. and Sun Life Financial Inc. to seek a broader presence in the nation.AIG is...
Mar 11 2015 // Missouri insurance regulators announced a $1.2 million settlement agreement with nine AIG affiliated insurance companies after a market conduct examination into their handling of workers’ compensation...
Mar 9 2015 // Former AIG President and CEO Robert Benmosche, who led the insurer’s turnaround after its $182 billion government bailout, has died of lung cancer at age 70, the company announced.The company says Benmosche died on...
Mar 4 2015 // The MENA Insurance CEO Club (MICC), an exclusive industry group that supports the insurance industry in the region, announced that Michael Jensen, Managing Director, MENA with AIG and Brian Reilly, CEO of Zurich Insurance...
Mar 1 2015 // Steve Miller called him tenacious. Steve Kandarian remembered his fighting spirit.As Maurice “Hank” Greenberg put it, Robert Benmosche, who died Friday at 70 after leading two of the biggest U.S. insurers,...
Feb 27 2015 // Robert Benmosche, the combative former chief executive officer of American International Group Inc. who led the insurer, once the world’s largest, to repay a $182.3 billion taxpayer bailout, has died. He was 70.He...
Feb 17 2015 // American International Group announced the opening of four new branches in the Sultanate of Oman. They are to be located in Nizwa, Ibri, Salalah and Sur, and “will allow AIG to further expand its business in the...
Feb 13 2015 // American International Group Inc., the largest commercial insurer in the U.S. and Canada, said profit declined 67 percent on costs to pay down debt and add to reserves.Net income fell to $655 million, or 46 cents a share...
Jan 30 2015 // Ex-American International Group Inc. Chairman Maurice “Hank” Greenberg said New York’s pursuit of him through a decade-old fraud suit is a waste of taxpayer money, as the two sides prepare for a trial...
Jan 28 2015 // Berkshire Hathaway Inc.’s commercial insurance unit is expanding into Canada as it seeks to win over new clients by offering bigger coverage limits than competitors.The unit, Berkshire Hathaway Specialty Insurance,...
Jan 20 2015 // Glatfelter Healthcare Practice (GHP), an insurance program serving senior living facilities, home health care and other private homecare agencies, has expanded its program coverage with a new carrier, AIG.The package...
Dec 1 2014 // Hank Greenberg’s legal assault on the U.S. government and the terms imposed in its 2008 bailout of American International Group Inc. brought a parade of financial crisis superstars to a Washington courthouse,...
Dec 1 2014 // Two subsidiaries of the American International Group – Granite State Insurance Co. and New Hampshire Insurance Co. — recently filed for approval a plan of redomestication that would change their state of domicile...
Nov 24 2014 // The Federal Reserve Bank of New York’s legal advisers sought to devise ways to avoid accountability to shareholders in the 2008 bailout of American International Group Inc., according to evidence introduced at the...