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AIG to Restate Past Financials as Internal Audit Continues; Acknowledges Lack of Internal Controls

National News • May 2, 2005
American International Group Inc. said that it has decided to restate financials from several previous years and that preliminary results of its internal audit show its 2004 results should be ...

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Subject: RE: AIG internal controls & unpaid agent

Posted On: May 3, 2005, 2:32 pm CDT
Posted By: Unpaid AIG Agent
Comment:
As an agent who was never compensated for P&C business sold for AIG, it doesn't come as a surprise to me of AIG's poor documentation and internal controls. In 2004, I wrote and verbally requested payment to me of commissions for 14 + clients sold AIG auto ins., I receieved no written reply or commission for the work I did on their behalf for clients.
Subject Posted By Posted On
RE: AIG internal controls & unpaid agent Unpaid AIG Agent
May 3, 2005, 2:32 pm
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