Latest AIG Headlines
All the headlines from our AIG Topic Page, ordered by recency.
AIG Europe, Accenture Sign 10-Year Outsourcing Agreement
Jan 18 2007 // Accenture has signed a 10-year, $100 million business processing outsourcing (BPO) agreement with AIG Europe S.A. The Agreement provides for Accenture to set up an IT platform and insurance support services to AIG...
AIG Elects Senior Vice Presidents
Jan 18 2007 // The board of directors of American International Group, Inc. (AIG) has elected three new AIG senior vice presidents and four new AIG vice presidents. Hans K. Danielsson was elected senior vice president, Investments, and...
AIG Sues Former Accounting V.P., Alleging Extortion Attempt
Dec 26 2006 // American International Group Inc. sued a former accounting vice president last Friday, alleging she has refused to return company computers and confidential information and has attempted to “harass, extort and...
2006: a big year for P&C buyers and sellers of all shapes and sizes
Dec 25 2006 // JANUARY Hallmark Aquires Aerospace Holdings Fort Worth, Texas-based Hallmark Financial Services Inc. has completed its acquisition of Aerospace Holdings LLC, which markets general aviation insurance products. Hallmark...
2006: Soft market offers up many new insurance products
Dec 25 2006 // E&O, Professional/Management Liability New P/C Insurance Agents’ E&O Rockwood Programs partnered with certain underwriters at Lloyd’s of London to offer professional liability coverage specifically...
New Markets
Dec 25 2006 // Accident Site and Public Response Nuts & Bolts: AIG Specialty Excess, an umbrella and excess casualty underwriting unit of the AIG Companies, announced the addition of Accident Site Advisor and PublicResponse to its...
New Markets
Dec 24 2006 // Accident Site and Public Response Nuts & Bolts: AIG Specialty Excess, an umbrella and excess casualty underwriting unit of the AIG Companies, announced the addition of Accident Site Advisor and PublicResponse to its...
Business Moves
Dec 24 2006 // The Hartford, West Virginia The Hartford Financial Services Group Inc. has entered the personal lines independent agency market in West Virginia. Products being offered in West Virginia through The Hartford’s...
Business Moves
Dec 24 2006 // National Atlantic, Commerce Group National Atlantic Holdings Corp. confirmed that preliminary discussions with The Commerce Group Inc. of Webster, Mass., regarding a potential business combination or other strategic...
2006 New Markets Report
Dec 24 2006 // E&O, Professional/Management Liability New P/C Insurance Agents’ E&O Rockwood Programs partnered with certain underwriters at Lloyd’s of London to offer professional liability coverage specifically...
2006:a big year for P&C buyers and sellers of all shapes and sizes
Dec 24 2006 // JANUARY Hallmark Acquires Fort Worth, Texas-based Hallmark Financial Services Inc. has completed its acquisition of Aerospace Holdings LLC, which markets general aviation insurance products. Hallmark underwrites...
AIG Global Buys U.S. Port Operations from Dubai Company
Dec 12 2006 // Dubai Ports World, the company whose planned takeover of major U.S. port operations ignited a political firestorm earlier this year, has agreed to sell those operations to AIG Global Investment Group. The company announced...
New Markets
Dec 11 2006 // Coastal Property — Texas Nuts & Bolts: Western Security Surplus has increased capacity to write coastal property coverage in Texas, including wind and hail, Tier 1 and 2 counties. The property coverage is...
New Markets
Dec 10 2006 // Coastal Property – Texas Nuts & Bolts: Western Security Surplus has increased capacity to write coastal property coverage in Texas, including wind and hail, Tier 1 and 2 counties. The property coverage is...
New Markets
Dec 10 2006 // Monoline Auto Classes, Small Commercial Businesses Nuts & Bolts: Zurich’s small business agents now have more than 500 monoline auto classes to sell. The company announced it has opened 257 existing America...
AIG, Starr End Trademark Feuds
Dec 5 2006 // American International Group, Inc. and C.V. Starr & Co., Inc. announced that they have settled certain disputes between them, including disputes relating to the termination of the managing general agency relationships...
Genworth, AIG Units Receive Federal Subpoenas
Nov 22 2006 // Insurance holding company Genworth Financial Inc. and two units of the insurance company American International Group Inc. have received subpoenas from the Securities and Exchange Commission and the U.S. Justice...
AIG’s Decker Named Chairman of Marine Association
Nov 16 2006 // American Institute of Marine Underwriters (AIMU) elected Richard J. Decker, president of AIG Global Marine, as chairman. He succeeds Robert V. Huffert, senior vice president and manager of the ocean marine department and a...
AIG More Than Doubles 3Q Earnings
Nov 10 2006 // Profits at American International Group, Inc. (AIG) more than doubled in the third quarter, thanks in part to a calmer than expected hurricane season. AIG reported net income for the third quarter of 2006 was $4.22 billion...
New Markets
Nov 6 2006 // Travel Guard Nuts & Bolts: AIG Travel Guard has created a travel insurance plan called My Travel Guard that allows clients to pick and choose the coverages that best meet their specific travel needs. The plan offers...
