March 1, 2016
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 …
October 27, 2015
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 …
August 28, 2015
An American International Group Inc. unit and Coventry First LLC began a trial in a dispute over bets in the insurance market on when people would die. Lavastone Capital LLC, the AIG subsidiary, claims Coventry ripped it off by more …