U.S. Department of the Treasury

• Greenberg’s Starr International Sues U.S. Over AIG Bailout

  By Chad Hemenway, PropertyCasualty360.com  |  December 1, 2011

  Starr International Co., run by former American International Group Inc. CEO Maurice “Hank” Greenberg, has filed a lawsuit against the United States, claiming the government violated the Constitution when it took majority ownership of AIG without compensating the company’s shareholders.

• Treasury Defends Its Actions on AIG After Greenberg Files Lawsuit

  By Phil Gusman, PropertyCasualty360.com  |  November 22, 2011

  Responding to a lawsuit filed by a company run by former American International Group Chief Executive Maurice “Hank” Greenberg, The Treasury Department says its actions during the bailout of AIG were “necessary, legal, and constitutional.”

• The Main Street America Group Creates Commercial Surety National Accounts Unit

  By Staff Writer  |  November 9, 2011

  Jacksonville-based super regional names three industry veterans to lead the team.

• Florida People, Places, & Products–October 2011 Round-Up

  By Joan E. Collier, PropertyCasualty360.com  |  October 21, 2011

  Read fresh information and recaps of this month's news about Florida's people, places, and products.

• Main Street America Gets Raise

  By Staff Writer  |  October 17, 2011

  Florida company gets bond capacity increase from Treasury Department.

• AIG, Treasury Hit Market At $29 Per Share

  By Chad Hemenway, PropertyCasualty360.com  |  May 25, 2011

  American International Group Inc. (AIG) and the U.S. Department of the Treasury made available 300 million shares priced at $29 per share, which raised about $9 billion.

• Treasury, AIG Plan Smaller Stock Offering

  By Chad Hemenway, PropertyCasualty360.com  |  May 16, 2011

  American International Group Inc. (AIG) and the U.S. Department of the Treasury say they plan to offer a small portion of stock for an unset price in an effort to better understand the underlying value of the bailed-out insurer.

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  AIG, Treasury Set To Test The Water By Offering 300 Million Shares

  By Chad Hemenway, PropertyCasualty360.com  |  May 11, 2011

  American International Group Inc. and the U.S. Department of the Treasury say they plan to offer a small portion of stock for an unset price.

• Federal Advisor On AIG Issues To Lead Strategic Planning For AIG

  By Chad Hemenway, PropertyCasualty360.com  |  April 14, 2011

  A former lead advisor to the Federal Reserve bank of New York and the U.S. Department of the Treasury on issues related to American Insurance Group Inc. has been tapped as the New York-based insurer’s new head of strategic planning.

• Bill Would Provide Federal Guarantees For Bonds After Earthquake

  By Chad Hemenway, PropertyCasualty360.com  |  March 22, 2011

  U.S. Senators Barbara Boxer and Dianne Feinstein have introduced a bill that would authorize the U.S. Department of the Treasury to guarantee up to $5 billion in bonds available to certified public entities like the California Earthquake Authority following a “mega-catastrophe.”