All the headlines from our AIG Topic Page, ordered by recency.
Sep 29 2014 // The U.S. extorted American International Group Inc. shareholders when it extended a $182 billion taxpayer bailout at the height of the 2008 financial crisis, a lawyer for Maurice “Hank” Greenberg...
Sep 29 2014 // One of the more unusual trials to come out of the 2008 financial crisis is set to begin on Monday, when a federal judge will consider whether the U.S. government’s rescue of American International Group Inc was, in...
Sep 24 2014 // Robert Benmosche, who led American International Group Inc. for half a decade, said an emerging challenge from Warren Buffett’s Berkshire Hathaway Inc. hasn’t amounted to much so far.Buffett’s firm...
Sep 23 2014 // Berkshire Hathaway Specialty Insurance (BHSI) said it is entering the fidelity and crime insurance market, and has named Brian O’Neill to lead the effort.O’Neill joins BHSI with 30 years of fidelity and crime...
Sep 21 2014 // Maurice “Hank” Greenberg’s Starr International Co. seeks a refund for overpayment of taxes for 2007 in a $38 million lawsuit against the U.S.The Internal Revenue Service has taken no action on...
Sep 19 2014 // American International Group Inc. named Kevin Hogan to lead its main life insurance business, putting him in charge of offerings for individuals, as new Chief Executive Officer Peter Hancock shakes up management.Hogan...
Sep 17 2014 // Global Excess Partners, a managing general agent, has hired Liz Carmody as senior vice president. She is based in New York City. Carmody will assist in managing the firm’s large property and mid-market accounts. In...
Sep 17 2014 // Underwriting manager Victor O. Schinnerer & Company Inc. in Chevy Chase, Maryland, has hired Scott P. Thomas as senior vice president and senior underwriting manager leading the firm’s property/casualty segment...
Sep 15 2014 // American International Group Inc. has named Philip Fasano to the newly-created role of executive vice president and chief information officer. Fasano will be responsible for oversight of the company’s global...
Sep 9 2014 // American International Group Inc. held a grand opening Tuesday to celebrate its expansion in Olathe, Kan., which will bring 300 new jobs to the state by the end of 2015.Gov. Sam Brownback and AIG President and CEI Peter...
Sep 8 2014 // The surplus lines industry showed its subpar showing in 2012 was uncharacteristic as it outperformed the overall property/casualty industry once again in 2013. While 2013 was a good year all-round for the P/C industry, it...
Sep 4 2014 // Former Iowa resident Christina M. Pender and California resident Robert K. Taylor have pled guilty to defrauding insurance company AIG out of hundreds of thousands of dollars, the U.S. Attorney’s Office for the...
Sep 2 2014 // The leadership transition at insurer American International Group Inc. is like switching generals after winning a war, Chairman Steve Miller said.“We’re changing generals as we move from wartime to...
Aug 28 2014 // Robert Benmosche, who is stepping down this weekend after five years as American International Group Inc.’s chief executive officer, said he learned in May that he had nine months to a year to live.Benmosche, 70,...
Aug 27 2014 // A federal judge has rejected the United States’ bid to dismiss a more than $25 billion lawsuit filed by Maurice “Hank” Greenberg, the former chief executive of American International Group Inc., over the...
Aug 20 2014 // Freedom Industries Inc., whose leaking chemical tank made much of West Virginia’s water undrinkable early this year, filed a proposed Chapter 11 plan this week that offers nothing to people with claims for polluted...
Aug 19 2014 // IFG Cos. has hired Steven M. Mills as managing director in its Submit unit. Mills will be based in IFG’s Atlanta office. In this capacity, Mills will be a member of the IFG’s Submit leadership team that...
Aug 17 2014 // Insurer American International Group is ramping up its lobbying team in Washington, almost six years after it halted such efforts following its rescue by the U.S. government during the financial crisis.Many large companies...
Aug 14 2014 // Berkshire Hathaway has hired two senior executives from American International Group’s Asia operations to boost its insurance business in the region, the Wall Street Journal reported citing people familiar with the...
Aug 14 2014 // American International Group Inc. has waited 13 years in India to raise its stake in a local venture from a maximum allowed 26 percent. That wait is about to get longer.Opposition lawmakers, during the current session of...