AIG’s Coventry News

AIG, Coventry Settle Life Settlements Case

American International Group Inc. said on Monday that it had reached a settlement resolving a $2 billion lawsuit accusing a Philadelphia-area firm overcharging it for life insurance policies acquired from elderly people. The settlement between AIG’s Lavastone Capital LLC unit …

AIG Seeks $2 Billion in Case Against Life Settlements Firm

An American International Group Inc. unit told a U.S. judge on Monday that a Philadelphia-area firm should be forced to pay more than $2 billion for overcharging it for life insurance policies acquired from elderly people. A lawyer for AIG’s …