All the headlines from our AIG Topic Page, ordered by recency.
Oct 16 2013 // In response to the growing financial impact and frequency of product recalls for food and beverage manufacturers, distributors and importers in the U.S. and Europe, American International Group (AIG) today launched NOVI, a...
Oct 11 2013 // Former American International Group (AIG) Chief Executive Maurice “Hank” Greenberg on Thursday won a short reprieve from New York’s case accusing him of orchestrating sham transactions at AIG.State...
Oct 10 2013 // Class action lawsuits in federal courts on both coasts have been initiated on behalf of small businesses in California, New York and New Jersey against American International Group (AIG) over workers’ compensation...
Sep 30 2013 // Bill Potter wasn’t eager to abandon his high-end house last month during evacuations forced by a massive Idaho wildfire, but he felt reassured when his insurance company sent a team to protect his home near the...
Sep 25 2013 // A high tech start-up is promising to raise the standard for determining “insurance to value” by giving property/casualty insurance companies and brokers access to real-time data on their upscale insureds’...
Sep 24 2013 // American International Group Inc. and Brookfield Asset Management Inc. agreed to end a 2009 lawsuit in which Brookfield sought a judge’s ruling that the insurer’s collapse triggered default provisions in...
Sep 19 2013 // Federal regulators may miss important threats to the financial stability of U.S. insurers by focusing on bank risks, MetLife Inc. Chief Financial Officer John Hele said.“Bank rules overlook key insurance...
Sep 12 2013 // New York State’s financial-services regulator is pressing insurers including American International Group Inc., Lincoln National Corp. and Principal Financial Group Inc. to boost reserves at units in the state, a...
Sep 11 2013 // American International Group Inc. has decided against signing new reinsurance contracts with Berkshire Hathaway Inc. after Warren Buffett’s company started a commercial insurer competing against AIG, according to a...
Sep 9 2013 // N.Y.-based private equity firm KKR & Co. hired former Willis Group Holdings CEO Joseph Plumeri as a senior adviser. In his new role, Plumeri will help find and evaluate potential investments and work with KKR’s...
Sep 9 2013 // Aon Risk Solutions, the global risk management business of Aon, recently announced the addition of Christopher Cote as senior vice president in the Charlotte, N.C., office. In his new role, Cote will be responsible for...
Aug 28 2013 // American International Group Inc. has appointed Damian Coory to the newly created role of vice president for Corporate Marketing and Communications for Asia Pacific. Coory will report to Christina Pretto, senior vice...
Aug 26 2013 // American International Group Inc., the insurer that repaid a U.S. rescue last year, agreed to accept $905 million from Brookfield Asset Management Inc. to resolve a dispute tied to interest-rate swaps.Brookfield,...
Aug 18 2013 // The U.S. Justice Department on Friday asked an appeals court to reverse a judge’s ruling last month that Federal Reserve Chairman Ben Bernanke must testify in a lawsuit about American International Group Inc.’s...
Aug 16 2013 // American International Group, Inc. (AIG) is has increased its global Side A directors and officers (D&O) liability insurance to $100 million.This new capacity from AIG can facilitate the resolution of severe and...
Aug 14 2013 // American International Group has named Kevin Hogan as chief executive officer of AIG Global Consumer Insurance. Hogan, who previously had a 24-year career at AIG, is expected to formally rejoin AIG in early October.Hogan...
Aug 8 2013 // Twenty-five Nuveen Investments Inc. funds sued American International Group Inc., claiming the company committed securities fraud in the months leading up to the U.S. financial crisis in 2008.Also named as defendants in a...
Aug 7 2013 // New York City prep school Horace Mann sued units of American International Group Inc. saying they refused to defend and indemnify the school for damages stemming from sex-abuse claims by former students against...
Aug 5 2013 // The Financial Stability Oversight Council (FSOC) designated AIG as a Systemically Important Financial Institution (SIFI) after determining that “material financial distress at AIG could pose a threat to U.S....
Aug 2 2013 // American International Group Inc., the insurer that reinstated a dividend yesterday, will move its headquarters to a building it owns at 175 Water St. in Manhattan as the lease expires at a property on Maiden...