All the headlines from our AIG Topic Page, ordered by recency.
Oct 6 2008 // Federal vs. state—AIG“This argument is fundamentally flawed because it is based on a totally inaccurate assumption of facts. First and foremost, AIG is not an insurance company; it is a federally-regulated holding...
Oct 6 2008 // These are historic times. The country and the world are learning the hard way how intertwined the insurance industry is with the global economy. A respected private insurer — American International Group — called too...
Oct 6 2008 // These are historic times. The country and the world are learning the hard way how intertwined the insurance industry is with the global economy. A respected private insurer — American International Group —...
Oct 6 2008 // Rep. Henry Waxman, chairman of the U.S. House Committee on Oversight and Government Reform, has asked the new chief executive officer at American International Group Inc. to give his committee internal documents related to...
Oct 6 2008 // Rep. Henry Waxman, chairman of the U.S. House Committee on Oversight and Government Reform, has asked American International Group Inc.’s new CEO to give the committee internal documents related to events that...
Oct 6 2008 // These are historic times. The country and the world are learning the hard way how intertwined the insurance industry is with the global economy. A respected private insurer — American International Group —...
Oct 6 2008 // These are historic times. The country and the world are learning the hard way how intertwined the insurance industry is with the global economy. A respected private insurer — American International Group — called too...
Oct 6 2008 // Old, New Business Breaking AwayThe financial woes of American International Group (AIG), a giant insurer that does considerable business with thousands of producers in a variety of markets and often writes risks other...
Oct 6 2008 // Insurance Journal‘s exclusive “AIG in Crisis Survey” asked independent agents: What insurance, management, economic, regulatory or other lessons the industry and public should learn from AIG’s...
Oct 6 2008 // State insurance commissioners have lashed out at members of Congress who are blaming state regulation for the problems of American International Group (AIG) and using the AIG crisis to bolster their advocacy for federal...
Oct 6 2008 // There have been some subtle and not-so-subtle moves by competitors in reaction to AIG’s troubles.Navigators Pro increased its capacity for directors and officers (D&O) liability insurance, citing the...
Oct 6 2008 // For the moment, giant American International Group (AIG) lives on government life support, for which it’s paying 850 basis points (8.5 percent) over LIBOR, effectively 11.4 percent, on an $85 billion loan.“My...
Oct 6 2008 // A producer’s response to request to move AIG business could depend on whether that producer is an agent or a broker.“If the producer is a broker, working only for the client with no agency agreement with the...
Oct 3 2008 // American International Group Inc. said it plans to keep its commercial property/ casualty and foreign general insurance businesses, while selling off some life insurance business and seeking alternatives for its securities...
Oct 3 2008 // Financially-challenged insurance giant American International Group is “doing very well in the marketplace” despite contrary rumors and competitors trying to take advantage of its financial situation and it...
Oct 3 2008 // State regulators from across the country say that the problems at parent company American International Group are unlikely to trickle down to affect its insurance operations that come under their regulatory supervision.The...
Oct 2 2008 // First the bursting of the dot-com bubble in the 1990s, then the accounting scandals earlier this decade, forced ballparks and arenas around the country to change their names. Enron Field became Minute Maid Park, and names...
Oct 2 2008 // A Japanese insurer that is a unit of troubled American International Group Inc. has received 90.7 billion yen (US$872 million) in additional funds to bolster its financial strength, the company said Tuesday.Alico Japan...
Oct 1 2008 // New York Insurance Superintendent Eric Dinallo, charged with overseeing any sales of American International Group Inc.’s insurance units, said Wednesday he would consider bids from former AIG CEO Maurice...
Oct 1 2008 // Maurice Greenberg, former chief executive of American International Group, has asked the company’s current chief executive, Edward Liddy, for the chance to bid on AIG assets as the company seeks to repay an emergency...