Insurers Refuse to Pick Up Bill for Billions in Opioid Claims March 8, 2022 By Jef Feeley A multibillion-dollar bill is coming due for the U.S. opioid epidemic and insurers for some of the largest drug makers,...
AIG: Net-Zero Greenhouse Gas Emissions in Underwriting, Investments by 2050 March 1, 2022 By Chad Hemenway American International Group said it is committing to net-zero greenhouse gas emissions within its underwriting and investment portfolios by 2050....
AIG to Move High Net Worth Homeowners to E&S February 17, 2022 By Chad Hemenway Peter Zaffino, CEO of American International Group (AIG), said the company’s ongoing analysis of the increased frequency and severity of...
AIG Completes Sale of Stake in Life & Retirement Unit to Blackstone November 2, 2021 American International Group and Blackstone said they have closed on the previously disclosed transaction for Blackstone to acquire a 9.9%...
J.D. Power Agents’ Survey Reveals Top-Ranked P/C Carriers (Story in Charts) October 8, 2021 Neglected no more. Independent agents are feeling the love from property/casualty insurance carriers—and the scores they are giving carriers are...
People Moves: AIG CEO Zaffino Adds Chairman Role; C&F Names Sussman President of Credit; CRC’s Dadi Joins AXIS September 8, 2021 AIG Zaffino Named Chairman as Duperreault to Retire American International Group announced that Peter Zaffino, president and chief executive officer,...
People Moves: Hartford Names Burns to Lead Marketing/Comms; Beazley Promotes Beerli for Specialty Risks, U.S. Programs; Purtill Is CRO at AIG August 3, 2021 Hartford Names Burns as Head of Marketing and Comms, Succeeding Bromage The Hartford has appointed Claire Burns chief marketing and...
AIG Plans Sale of Life Business to Blackstone and in IPO July 14, 2021 By David French, Alwyn Scott and Nivedita Balu American International Group Inc. plans to use an IPO to sell part of its life and retirement business, while Blackstone...
AIG Releases Its First Environmental, Social and Governance Report July 1, 2021 By Don Jergler The International Renewable Energy Agency says a surge in private lending for renewable energy projects this decade is a must...
Is a Climate Change-Driven ‘Megadrought’ Looming over Parts of U.S.? June 17, 2021 By Don Jergler The Western U.S. could be in for a wild ride thanks to climate change. That’s the brunt of the buzz...