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Two ratings agencies offered positive assessments of American International Group after the U.S. Treasurys sell-down to a minority stake in the company, with Moodys Investors Service calling the development another credit-positive milestone and Fitch Ratings stating that recent actions have rejuvenated AIG.

Lexington Insurance Co. says its CarbonCover ODS product meets the emerging needs of the climate change and greenhouse gas emissions sector.

Lexington Insurance Co. says its CarbonCover ODS product meets the emerging needs of the climate change and greenhouse gas emissions sector.

The latest sale of American International Group stock now underway by the U.S. Treasury means that the federal government has now fully recouped its investment in the company and has already made $15.1 billion on its investment, AIG and Treasury officials said last night.

The latest sale of American International Group stock now underway by the U.S. Treasury means that the federal government has now fully recouped its investment in the company and has already made $15.1 billion on its investment, AIG and Treasury officials said last night.

The unwinding of Maiden Lane III, which had been created in 2008 to assume certain toxic assets held by American International Group, represents an ongoing reduction of government support for AIG, and reflects improving trends overall at the company, says Moodys Investors Service.

Insurance software company Applied Systems awarded 13 insurance carriers with the Applied System Interface Leadership Awards and another 60 with Interface Partner awards at TENCon 2012, the flagship conference for users of Applied Systems software.

Insurance software company Applied Systems awarded 13 insurance carriers with the Applied System Interface Leadership Awards and another 60 with Interface Partner awards at TENCon 2012, the flagship conference for users of Applied Systems software.