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By Chad Hemenway, PropertyCasualty360.com |
August 22, 2011
Court motions filed by Liberty Mutual to stop a $450 million settlement American International Group Inc. (AIG) reached with other companies over alleged underreported workers’ compensation premiums have been denied.
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By Chad Hemenway, PropertyCasualty360.com |
August 4, 2011
Two ongoing industry legal battles saw recent developments, as an appeals court vacated the convictions of former General Reinsurance Corp. and American International Group executives; and Liberty Mutual Group says it likely will appeal the preliminary approval given to a $450 million settlement between AIG and other companies stemming from...
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By Chad Hemenway, PropertyCasualty360.com |
August 2, 2011
Liberty Mutual says it likely will appeal the preliminary approval given to a $450 million settlement American International Group Inc. reached with companies that alleged AIG underreported premiums to a workers’ compensation program.
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By Nicole Zwartz |
August 1, 2011
A stressed agency recovers with determined new owner and staff
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By Chad Hemenway, PropertyCasualty360.com |
July 29, 2011
American International Group Inc. says a federal judge has given preliminary approval to a $450 million settlement it reached with a handful of companies that alleged AIG cheated a workers’ compensation program.
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By Chad Hemenway, PropertyCasualty360.com |
July 26, 2011
American International Group Inc. says a federal judge has given preliminary approval to a $450 million settlement it reached with a handful of companies that alleged AIG cheated a workers’ compensation program.
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By Chad Hemenway, PropertyCasualty360.com |
April 29, 2011
Liberty Mutual Group has filed court papers to oppose a proposed $450 million settlement American International Group Inc. made with seven companies to end a pending class-action federal civil lawsuit over alleged underreporting of workers’ compensation premiums.
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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."
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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.
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By Chad Hemenway, PropertyCasualty360.com |
October 4, 2010
Liberty Mutual Group said it is delaying its initial public offering of stock in Liberty Mutual Agency Corp. because the company believes it won't get the right price for the business.
