-
By Chad Hemenway, PropertyCasualty360.com |
February 8, 2012
Robert S. “Steve” Miller, the man who could have become American International Group’s president and chief executive officer, is taking a leadership role elsewhere.
-
By Chad Hemenway, PropertyCasualty360.com |
December 23, 2011
American International Group Inc. (AIG) Chief Executive Officer Robert Benmosche has told the company he wants to keep leading it beyond next year.
-
By Jonathan Stempel (Reuters) |
October 18, 2011
Bank of America Corp urged a judge to disqualify the law firm representing insurer American International Group Inc in its $10 billion mortgage fraud lawsuit against the bank, alleging a conflict of interest by one of the firm's partners.
-
By Chad Hemenway, PropertyCasualty360.com |
October 6, 2011
A federal court judge has preliminarily approved a $725 million settlement agreement announced more than a year ago to resolve a securities class-action lawsuit between American International Group Inc. and Ohio and Florida public pension plan funds.
-
By Chad Hemenway, PropertyCasualty360.com |
October 4, 2011
Hartford Financial Services and Chartis say they are cutting some employees.
-
By Arthur D. Postal, PropertyCasualty360.com |
April 28, 2011
American International Group Inc. has sued two financial firms alleging that they engaged in fraud and unjust enrichment by issuing exotic securities they claimed were backed by prime mortgage-backed securities.
-
By Arthur D. Postal, PropertyCasualty360.com |
April 27, 2011
American International Group Inc. could be on the hook for total claims of perhaps $800 million or more involving profits on real estate deals involving AIG’s Global Real Estate unit, according to a lawsuit that could come to trial in New York as early as this summer.
-
By Arthur D. Postal, PropertyCasualty360.com |
March 31, 2011
The Federal Reserve Board says it has rejected American International Group’s offer to buy back a package of securities it had sold the Fed when it needed cash in November 2008.
-
By Chad Hemenway, PropertyCasualty360.com |
January 17, 2011
A group of insurers that looked to separate themselves from Liberty Mutual subsidiaries in order to accept a $450 million settlement with American International Group Inc. (AIG) was granted what the court terms "intervention."
-
By Chad Hemenway, PropertyCasualty360.com |
January 7, 2011
American International Group Inc. (AIG) has tentatively agreed to pay $450 million to seven named insurance companies in order to settle a protracted federal civil lawsuit over alleged underreporting of workers' compensation premiums.
