The last thing American International Group needs during this crucial renewal season is any hint that reserves for its property and casualty insurance carriers might be inadequate.
Last month's $16.5 million settlement in an employee benefits plan case may open the floodgates to suits alleging excessive 401(k) fees, and fiduciary liability suits related to Ponzi schemes are poised to climb as well.
AIG and former CEO Maurice R. "Hank" Greenberg have agreed to settle all outstanding disagreements, ending a bitter battle that ensued after Mr. Greenberg left the company in 2005 following an accounting scandal.
Following an initial "no comment," unofficially we are hearing that AIG is reviewing an analyst's challenges to its reserve adequacy before responding. That’s reasonable, but the ...
The world's two biggest insurance brokers earned a 100 percent positive rating on lesbian, gay, bisexual, transgender issues from the Human Rights Campaign Foundation earlier this fall.
A top executive of Chartis, the rebranded property and casualty carrier of American International Group, says any lingering accusations by competitors about alleged underpricing to counteract AIG's damaged reputation are bogus and simply sour grapes.
Editor In Chief Sam Friedman came away from NU's annual P&C Executive Conference impressed by the feistiness of many of the top players speaking, compared to last year's far more introspective and downbeat lot.
I came away from our annual P&C Executive Conference impressed by the feistiness of many of the top players speaking, compared to last year's far ...
While it still may technically be a good commercial insurance market for risk managers, with flat rates predicted until at least late next year, top buyers and other experts warn there are caveats.
An executive of Chartis, the rebranded American International Group subsidiary, defended the company against competitors' accusations it was under-pricing because of AIG's damaged financial reputation.