Aon Collaborates with Insurer Partners to Protect Global COVID-19 Vaccine Shipments April 13, 2021 Insurance broker Aon plc has introduced a new solution, through broad industry collaboration, that will provide supply chain protection for...
Climate Change Activists ‘Welcome’ AIG CEO Zaffino; EU Urges More Insurance March 4, 2021 By Don Jergler Climate change is weakening the ocean currents that shape weather on both sides of the Atlantic. The Atlantic Meridional Overturning...
Insurers Overwhelmed by Demand for D&O Coverage for Blank Check Companies February 10, 2021 By Katherine Chiglinsky and Jenny Surane The SPAC boom is overwhelming a key player in the creation of a blank-check companies: insurers. Firms selling directors-and-officers liability...
Former NFL Player Suing AIG Over California Burglary January 12, 2021 Former NFL player Antonio Gates and his wife, Sasha Gates, are suing their homeowners insurer, AIG Property Casualty Co., accusing...
30 Major League Baseball Teams Sue insurers Over Lost Revenue Due to Coronavirus December 7, 2020 By Jake Seiner Major League Baseball and all 30 of its teams are suing their insurance providers, citing billions of dollars in losses...
AIG’s Fato Adds Communications to Government Duties; Garbaccio Promoted November 12, 2020 American International Group announced that Lucy Fato, executive vice president and general counsel, has assumed additional responsibilities in the newly...
Update: AIG Weighs IPO or 19.9% Stake Sale of Life and Retirement Unit November 6, 2020 Insurer American International Group Inc said on Friday it is considering an initial public offering or a private sale of...
AIG’s Profit Slumps on Q3 Catastrophe Losses November 6, 2020 American International Group Inc reported a slump in third-quarter profit on Thursday, hurt by losses related to storms, wildfires and...
AIG’s Plan to Divest Life & Retirement Business Could Prompt Ratings Downgrades November 2, 2020 By Mark Hollmer American International Group’s plan to downsize by divesting its Life & Retirement (L&R) business is drawing cautious and wary reactions...
AIG Names Zaffino to Succeed Duperreault as CEO; Will Spin Off Life Insurance Business October 26, 2020 By Mark Hollmer American International Group has disclosed significant leadership changes as well as plans to separate its Life & Retirement business into...