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Milliman Analysis: Private Insurers Could Offer Single-Family Homeowners Cheaper Rates Than NFIP
... News Service, June 7, 2017). The ability to pinpoint data is a game-changer for insurers considering private flood coverage, said Watkins. Homeowners have long known localized ...
Source: BestWire   Date: July 14, 2017
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Federal Judge: AIG Has Duty to Defend Bill Cosby in Massachusetts Defamation Cases
International Group Property Casualty Co. must defend the actor and comedian in three defamation suits. U.S. District Judge Mark G. Mastroianni did not rule on indemnification ...
Source: BestWire   Date: November 10, 2016
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Oklahoma Commissioner Gives Insurers 45 Days to Clarify Earthquake Coverage
Oklahoma Secretary of Energy and Environment. Most recently, between Oct. 17 and the morning of Oct. 21, the Oklahoma Geological Survey recorded six earthquakes of 3.0 or higher ...
Source: BestWire   Date: October 21, 2015
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AIG Creates Chief Strategy Officer Post
American International Group Inc. has named Brian Schreiber to the newly created position of chief strategy officer. Schreiber, who will also be executive vice president, will ...
Source: BestWire   Date: May 13, 2015
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AIG CEO: Company's Underwriting Not 'Just Following the Market Anymore'
American International Group Inc. is looking at the quality of its commercial property/casualty insurance clients and risks with increasing amounts of analytics to ensure proper ...
Source: BestWire   Date: November 1, 2013
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AIG, Greenberg Hit With Lawsuits Alleging Workers' Compensation Premium Scheme
American International Group Inc. and its former chief executive officer Maurice "Hank" Greenberg are facing a series of coordinated lawsuits alleging they violated federal ...
Source: BestWire   Date: October 11, 2013
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AIG Advances Plans for Plane-Leasing Unit IPO
Los Angeles-based International Lease Finance Corp. since December, but the sale has been in limbo since the buyers missed a payment deadline in May (Best's News Service, June 3, ...
Source: BestWire   Date: August 30, 2013
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AIG, Brookfield Settle Interest-Rate Swap Dispute for $905 Million
Brookfield Asset Management Inc., the interest rate swap counter party, said it reached an agreement with AIG to terminate two 1990 swap agreements. Brookfield said it will pay AIG ...
Source: BestWire   Date: August 26, 2013
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AIG CEO: Company Looking at IPO of Airplane Lease Subsidiary If Proposed Sale Fails
News Service, June 17, 2013). The transaction, which was announced in December, was originally scheduled to close May 15. The investor group that intends to acquire ILFC is led by ...
Source: BestWire   Date: August 2, 2013
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AIG Promotes From Within to Fill Latin America/Caribbean CEO Post
American International Group Inc. has promoted Jim Dwane to be the new president and chief executive officer of its Latin America and Caribbean property/casualty business. Dwane, a ...
Source: BestWire   Date: July 10, 2013
AIG Postpones Sale of Airplane Leasing Unit Again, Could Seek New Buyer
International Lease Finance Corp., although it may not finalize a sale with another party. It can also investigate an alternative to a public offering, although it will not engage ...
Source: BestWire   Date: June 17, 2013
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Financial Stability Oversight Council Names AIG, Pru as Potential SIFIs
American International Group Inc. and Prudential Financial Inc. said the Financial Stability Oversight Council has proposed that they be designated as "systemically important ...
Source: BestWire   Date: June 4, 2013
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Would-Be Buyers of AIG's Airplane-Leasing Business Miss Payment
American International Group Inc., which has already postponed closing of the sale of a 90% stake in its airplane-leasing business, said the buyers have missed a payment deadline. ...
Source: BestWire   Date: June 3, 2013
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AIG Drops Lawsuit Against New York Fed Over Financial Bailout
American International Group Inc. has agreed to dismiss its lawsuit against the Federal Reserve Bank of New York related to the financial bailout the company received during the ...
Source: BestWire   Date: May 31, 2013
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AIG Moves Ahead With PICC Life Joint Venture to Form Distribution Company in China
American International Group Inc. has moved forward with its plan to form a joint venture with People's Insurance Co. (Group) of China and PICC Life Insurance Co. Ltd. to launch an ...
Source: BestWire   Date: May 30, 2013
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AIG's Mortgage Fraud Lawsuit With Bank of America Continues in Federal, State Court
Bank of America Corp. on hold while a similar action moves forward in New York state court. U.S. Judge Mariana R. Pfaelzer denied AIG's motion to stay the case, but confirmed that ...
Source: BestWire   Date: May 24, 2013
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TransRe and AIG Take Asbestos Dispute to Court
Millions of dollars are at stake as Transatlantic Reinsurance Co. and its former majority shareholder, American International Group, battle over asbestos claims in several ...
Source: BestWire   Date: May 23, 2013
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AIG Promotes Bermudan to Lead Bermuda Operations
American International Group Inc. said it's named Anthony Philip president and chief executive officer of American International Co. Ltd. in Bermuda. Philip, a native of Bermuda, ...
Source: BestWire   Date: May 15, 2013
AIG's Pending Sale of Airplane Leasing Unit Extended Another Month
American International Group Inc. said it's extended the agreement to sell up to a 90% stake in International Lease Finance Corp., its airplane leasing operation, by another month. ...
Source: BestWire   Date: May 13, 2013
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AIG's Benmosche: We're Going to Lose People to Competitors From Time to Time
American International Group Inc.'s president and chief executive officer brushed off a question during a recent conference call about losing four senior property/casualty ...
Source: BestWire   Date: May 3, 2013

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