Latest AIG Headlines
All the headlines from our AIG Topic Page, ordered by recency.
AIG Raises Cash Dividend by 66.7%
Jan 5 2005 // The board of directors of American International Group Inc. (AIG) has increased the quarterly cash dividend on the company’s common stock to 12.5 cents per share from the previously declared 7.5 cents per share. The...
Tidal Wave Update: Death Toll Mounts; Aid Effort Underway; AIG Pledge
Dec 28 2004 // As scenes of utter devastation played across the world’s television screens, local authorities and volunteer rescue workers continued the grim job of collecting and burying the bodies of the victims who perished in...
AIG CHIEF SEES ‘LEANER’ BROKERS:
Dec 20 2004 // The chairman and chief executive officer if AIG said he thinks the ongoing broker investigations will cost large insurance brokers some of their top people and eventually make brokers leaner and more responsive to...
AIG Specialty WC Site Expansion
Dec 20 2004 // AIG Specialty Workers’ Compensation, a division of the property and casualty insurance subsidiaries of American International Group Inc., expanded its “Partners in Productivity” Web site to enable its...
S&P Assigns AIG Europe N.V. ‘AAA’ Rating
Dec 13 2004 // Standard & Poor’s Ratings Services announced that it has assigned its ‘AAA’ financial strength rating and a stable outlook to AIG Europe (Netherlands) N.V. According to S&P credit analyst Grace...
S&P Assigns Ratings to AIG’s $25.1 Billion Debt Issue
Dec 13 2004 // Standard & Poor’s Ratings Services announced that it has assigned its “AAA” preliminary senior debt rating, “AA+” preliminary subordinated debt rating, and “AA” preliminary...
AIG Environmental Enhances Its Environmental and General Liability Exposures (EAGLE) Program
Dec 8 2004 // AIG Environmental, a division of the property/casualty insurance subsidiaries of American International Group Inc. (AIG), has announced the enhancement of its Environmental and General Liability Exposures (EAGLE) Program....
L.A. Business Owner Sentenced for Comp Fraud
Dec 6 2004 // A Los Angeles business owner was sentenced to pay $1.8 million in restitution and fines this week after a three-year joint investigation involving the California Department of Insurance found he had underreported wages at...
AIG’s Greenberg Predicts ‘Leaner, More Responsive’ Insurance Brokers in Wake of Investigations
Dec 2 2004 // The chairman and chief executive officer if AIG said he thinks the ongoing broker investigations will cost large insurance brokers some of their top people and eventually make brokers leaner and more responsive to...
AIG Program’s Jordan: Learning from Program Failures
Nov 30 2004 // AIG Programs Division has more successful programs today than years ago, thanks in great measure to the lessons the company has learned from programs that failed. “It’s critical to know what’s...
AIG Specialty WC Expands Web site Capabilities
Nov 29 2004 // AIG Specialty Workers’ Compensation, a division of the property and casualty insurance subsidiaries of American International Group, Inc. (AIG), announced the expansion of its “Partners in Productivity”...
AIG Forks Up $126 Million to SEC on PNC Deals
Nov 24 2004 // New York-based commercial insurer American International Group Inc. announced that it has agreed to pay an $80 million penalty and appoint an independent monitor in a settlement with the Securities and Exchange Commission...
AIG Private Client Group Unveils Flood Coverage for Homeowner Policies in Several States
Nov 15 2004 // AIG Private Client Group, a division of the property and casualty insurance subsidiaries of American International Group Inc. (AIG), announced the beginning of a national roll-out that adds flood coverage to eligible...
AIG Subs to Purchase R&SA’s Japanese Business
Nov 12 2004 // American International Group, Inc. announced that its subsidiaries American Home Assurance Company and AIU Insurance Company will purchase the insurance portfolio of the Royal & SunAlliance (RSA) branch operations in...
Agents Watching Spitzer Broker Fraud Charges Closely
Nov 8 2004 // New York Attorney General Eliot Spitzer’s filing on Oct. 14 of charges against giant insurance broker Marsh for alleged commercial account steering and bid rigging has already had significant impact on Marsh and is...
Agents Watching Spitzer Broker Fraud Charges Closely
Nov 8 2004 // New York Attorney General Eliot Spitzer’s filing on Oct. 14 of charges against giant insurance broker Marsh for alleged commercial account steering and bid rigging has already had significant impact on Marsh and is...
AIG’s Terrorism Protection Portfolio Includes Biological and Chemical Attack Coverage
Nov 5 2004 // The AIG Companies have launched LexHomeland Protector, a comprehensive terrorism insurance portfolio designed to help protect businesses against terrorism risks, including losses arising from biological and chemical...
S&P to Hold Telephone Conference Today on AIG, ACE
Nov 1 2004 // Standard & Poor’s Ratings Services announced that it will hold a telephone conference call on Monday, Nov. 1, 2004, at 1 p.m. U.S. Eastern Time. The bulletin said Donovan Fraser, John Iten, Mark Puccia, Tom...
S&P Announcement on AIG Ratings; Outlook Negative
Nov 1 2004 // Standard & Poor’s Ratings Services has republished an earlier article, issued last Friday, October 29, concerning the revision of its outlook on the American International Group from stable to negative. S&P...
AIG Private Client Creates Loss Prevention Unit
Oct 27 2004 // AIG Private Client Group, a division of the property and casualty insurance subsidiaries of American International Group, announced the creation of a Department of Loss Prevention to minimize high net worth...
