All the headlines from our AIG Topic Page, ordered by recency.
Jun 15 2012 // The Maryland Insurance Administration said Thursday that regulators collected $2,022,805 in penalties from American International Group as part of a multi-state settlement.Insurance Commissioner Therese Goldsmith said that...
Jun 15 2012 // The Federal Reserve Bank of New York said on Thursday the last of its loans made to acquire risky assets from AIG and Bear Stearns during the financial crisis have been paid off with interest.The Fed bank acquired the...
Jun 9 2012 // Mississippi’s insurance commissioner says the state will receive nearly $1 million as part of a national settlement over American International Group’s financial reporting for worker’s compensation...
Jun 8 2012 // American International Group Inc. will pay California $15.6 million in penalties to settle allegations that its insurance companies underreported workers’ compensation premiums over several decades.The sum is part of...
Jun 8 2012 // Here is another sign that American International Group executives may be feeling bullish about the company’s future prospects — CEO Robert Benmosche said this week that Chartis may readopt the AIG brand name in...
Jun 5 2012 // AIG’s property/casualty division Chartis announced the launch of its hospitality and leisure industry practice group, which will provide specialized insurance and risk management products for the hotel, amusement,...
Jun 5 2012 // State regulators around the county are finally collecting their share of a multimillion dollar settlement reached with American International Group (AIG) in 2010 based on the company’s misreporting of workers’...
Jun 1 2012 // Pennsylvania Insurance Commissioner Michael Consedine announced Thursday that American International Group and its workers comp insurance units will pay Pennsylvania more than $16.8 million in fines and assessments.The...
May 29 2012 // Four former executives at Berkshire Hathaway Inc.’s General Re Corp. and one at American International Group Inc. are in talks to settle a long-running criminal case accusing them of engineering a reinsurance...
May 21 2012 // AIG Profit More Than DoublesAmerican International Group Inc. reported $3.21 billion net income for its 2012 first quarter, a 147 percent increase from $1.30 billion net income posted during the same period one year ago....
May 21 2012 // U.S. taxpayers could see a profit from the 2008 bailout of American International Group Inc. (AIG), according to a Congressional report.“When all the assistance is considered, the amount the federal government...
May 17 2012 // New York’s Attorney General must review his predecessor’s private emails relating to a probe of American International Group Inc. and decide whether to release them to the public, a state judge has ruled.The...
May 17 2012 // Shares in bailed-out insurer American International Group dipped below the government’s breakeven price on its 61 percent stake in the company, just days after the U.S. Treasury completed another offering of its...
May 15 2012 // Hewlett-Packard Co. on Monday lost a battle with the U.S. Internal Revenue Service for more than $190 million in tax refunds tied to a Dutch tax shelter designed by the derivatives arm of American International Group.The...
May 15 2012 // Former American International Group Inc. Chief Executive Maurice “Hank” Greenberg said New York’s attorney general should be barred from invoking a 91-year-old state law in a fraud case over two suspect...
May 11 2012 // American International Group Inc. said that board director Donald Layton has submitted his resignation from the board, due to his appointment as chief executive officer of Freddie Mac. The resignation is effective next...
May 10 2012 // The Goldman Sachs Group, a global investment banking and securities firm, is bullish on American International Group Inc.In a new equity research report released Wednesday, Goldman Sachs upgraded the AIG stock to...
May 9 2012 // A New York appeals court on Tuesday gave former American International Group Inc. Chief Executive Maurice “Hank” Greenberg a partial victory in the state’s fraud lawsuit against him over two suspect...
May 8 2012 // The U.S. Treasury on Monday said it is trimming its ownership stake in American International Group Inc. to 61 percent from 70 percent by selling more shares of the insurer’s common stock. The U.S. government said it...
May 8 2012 // U.S. taxpayers could see a profit from the 2008 bailout of American International Group Inc. (AIG), according to a Congressional report.“When all the assistance is considered, the amount the federal government...