Latest AIG Headlines
All the headlines from our AIG Topic Page, ordered by recency.
AIG Aviation Grows Specialty Workers’ Comp Program; Risks for Fixed Base Operators Covered
Feb 8 2005 // AIG Aviation Inc., a member company of American International Group, Inc. (AIG), is expanding its Specialty Workers’ Compensation offering to cover the risks associated with Fixed Base Operators (FBOs) at private,...
General Liability
Feb 7 2005 // Nuts & Bolts: AIG Environmental, a division of the property/casualty insurance subsidiaries of American International Group Inc. (AIG), enhanced its environmental and general liability exposures program,...
A.M. Best Upgrades Rating for The Hartford Steam Boiler Inspection and Insurance Co., Subs
Feb 1 2005 // A.M. Best Co. has upgraded the financial strength rating to A++ (Superior) from A+ (Superior) of Connecticut-based The Hartford Steam Boiler Inspection and Insurance Company (HSB) and its three group rated...
National Union Fire Insurance Co. of Pittsburgh Upgrades Professional Liability, Network Security Risks
Jan 25 2005 // National Union Fire Insurance Company of Pittsburgh, Pa., a member company of American International Group Inc. (AIG), announced the enhancement of its AIG ProTech Modular Edition for professional liability and network...
People & Places
Jan 24 2005 // Catherine Rein MetLife, Inc. has named Catherine A. Rein to the role of chief administrative officer, effective Jan. 1, 2005. Reporting to MetLife, Inc. Chairman and Chief Executive Officer Robert H. Benmosche, Rein will...
The Asian Catastrophe: An Unprecedented Event Evokes a Global Response
Jan 24 2005 // Certain events mark each generation, but as the scope of the disaster that struck 12 countries around the Indian Ocean on Dec. 26 emerges, it has become evident that it will haunt not just the present generation, but many...
Quanta Capital Appoints Byrne European Chief Underwriting Officer
Jan 19 2005 // Bermuda-based Quanta Capital Holdings Ltd., which provides specialty insurance, reinsurance, and risk consulting services through its subsidiaries, announced the appointment of John J. Byrne as Chief Underwriting Officer...
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...
