All the headlines from our AIG Topic Page, ordered by recency.
Oct 20 2008 // A top U.S. lawmaker has asked the chief executive of American International Group for details on how the company has used its $123 billion of taxpayer rescue funding so far.Rep. Henry Waxman, chairman of the U.S. House...
Oct 20 2008 // Two public transportation agencies in Southern California are facing a financial dilemma and possible service cuts after a major lender fell victim to the nationwide economic crisis.Los Angeles County Metropolitan...
Oct 20 2008 // AIG Environmental, a unit of AIG Commercial Insurance, enhanced and expanded its Pollution Legal Liability (PLL) insurance coverage to cover risks related to indoor air quality, non-owned disposal sites, emergency response...
Oct 20 2008 // There’s too much business news and too little time these days. Actually, just following AIG can be a full-time job. Since most of you hopefully still have full-time day jobs, it’s possible you missed some of...
Oct 20 2008 // From tornadoes, hail and flooding to the impact of the AIG bailout and the federal versus state regulation debate, Sean Dilweg has a lot on his plate as Wisconsin’s insurance commissioner. Appointed by Wisconsin...
Oct 20 2008 // Have the free-wheeling, capitalism-at-all-cost titans of business who maintain the market will fix all ills had their day — at least for now? For the last 30 years deregulation has been all the rage — from the airline...
Oct 20 2008 // American International Group Inc. may sell its AIG Hawaii unit to pay off the emergency $85 billion federal loan. The unit is part of the AIG Personal Auto Group, which the New York-based insurer listed for sale.AIG Hawaii...
Oct 20 2008 // There’s too much business news and too little time these days. Actually, just following AIG can be a full-time job. Since most of you hopefully still have full-time day jobs, it’s possible you missed some of...
Oct 20 2008 // American International Group’s (AIG) exposure to the subprime mortgage market that precipitated the government’s $85 billion bailout came as a result of business conducted after he left the company, according...
Oct 20 2008 // Being the sixth-largest state in the nation, and one of the fastest-growing, makes Arizona an attractive place to live and do business. And that means the state is desirable from an insurance perspective, too, according to...
Oct 20 2008 // Exclusive Insurance Journal Interview with AIG Commercial Insurance CEO John Doyle and CFO Rob SchimekThe very strengths in its balance sheet, surplus, underwriting and personnel that have made the Commercial Insurance...
Oct 20 2008 // One of Pat Oliphant’s more recent editorial cartoons shows presidential candidate John McCain held in the trunk of an enraged elephant labeled “The Economy.” “My friends,” says McCain to a...
Oct 17 2008 // American International Group, the insurance giant that drew fire for executive “golden parachutes” and an ill-timed junket even as it receives a massive taxpayer bailout, has agreed to mend its ways.AIG...
Oct 17 2008 // American International Group , which is in the process of selling assets to repay a massive U.S. government loan, has hired Bank of America to advise it on the sale of its U.S. personal lines business, sources familiar...
Oct 17 2008 // India’s Tata Sons has been in talks to buy a stake in AIA, a major Asian unit of American International Group, sources close to the matter said.The U.S. insurance giant has been seeking to sell assets after nearly...
Oct 16 2008 // During recent Congressional hearings into the financial crisis at American International Group (AIG) and the resulting $85 billion federal bailout for the financial giant, Rep. Elijah Cummings, D-Md., asked former AIG CEO...
Oct 14 2008 // The very strengths in its balance sheet, surplus, underwriting and personnel that have made the Commercial Insurance unit of American International Group (AIG) a market leader are keeping it competitive even while the...
Oct 14 2008 // Its former chief executive officer, Maurice “Hank” Greenberg, says American International Group (AIG) should renegotiate the terms of the $85 billion loan it has from the federal government or it will end up in...
Oct 13 2008 // American International Group Inc. may sell its AIG Hawaii unit to pay off an emergency $85 billion federal loan. The local unit is part of the AIG Personal Auto Group, which the New York-based insurer has listed for...
Oct 13 2008 // American International Group Inc.’s shares fell 15 percent on Friday amid mounting liquidity concerns after the insurer drew on $9 billion from a government loan in the last week.AIG, crippled by losses on bad...