Some court battles between insurer American International Groupand C.V. Starr & Company–controlled by AIG's former chairman,Maurice Greenberg–have been concluded, but the war between the twofirms is not over yet.
A joint statement last week from the two companies, both withoffices in New York, said they reached a settlement of “disputesover the termination of the managing general agency relationships”between their respective subsidiaries, as well as the use of the“Starr” and “American International” trademarks.
“As a result of the settlement, the terms of which areconfidential, AIG shall refrain from conducting business under the'Starr' and related names, and C.V. Starr shall refrain fromconducting business under the 'AI,' 'American International' andrelated names,” the firms said.
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