N.Y. Dept. Says AIG Investigation Continues

By Daniel Hays

NU Online News Service, July 23, 12:10 p.m.EDT?The New York Insurance Department said today that anannouncement it made last week stating that an AmericanInternational Group subsidiary made $500,000 in "illegal" premiumcollections was issued inadvertently and the company's activity isstill under investigation.

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