Latest AIG Headlines

All the headlines from our AIG Topic Page, ordered by recency.

Business Moves

Dec 24 2006 // The Hartford, West Virginia The Hartford Financial Services Group Inc. has entered the personal lines independent agency market in West Virginia. Products being offered in West Virginia through The Hartford’s...

Business Moves

Dec 24 2006 // National Atlantic, Commerce Group National Atlantic Holdings Corp. confirmed that preliminary discussions with The Commerce Group Inc. of Webster, Mass., regarding a potential business combination or other strategic...

2006 New Markets Report

Dec 24 2006 // E&O, Professional/Management Liability New P/C Insurance Agents’ E&O Rockwood Programs partnered with certain underwriters at Lloyd’s of London to offer professional liability coverage specifically...

2006:a big year for P&C buyers and sellers of all shapes and sizes

Dec 24 2006 // JANUARY Hallmark Acquires Fort Worth, Texas-based Hallmark Financial Services Inc. has completed its acquisition of Aerospace Holdings LLC, which markets general aviation insurance products. Hallmark underwrites...

AIG Global Buys U.S. Port Operations from Dubai Company

Dec 12 2006 // Dubai Ports World, the company whose planned takeover of major U.S. port operations ignited a political firestorm earlier this year, has agreed to sell those operations to AIG Global Investment Group. The company announced...

New Markets

Dec 11 2006 // Coastal Property — Texas Nuts & Bolts: Western Security Surplus has increased capacity to write coastal property coverage in Texas, including wind and hail, Tier 1 and 2 counties. The property coverage is...

New Markets

Dec 10 2006 // Coastal Property – Texas Nuts & Bolts: Western Security Surplus has increased capacity to write coastal property coverage in Texas, including wind and hail, Tier 1 and 2 counties. The property coverage is...

New Markets

Dec 10 2006 // Monoline Auto Classes, Small Commercial Businesses Nuts & Bolts: Zurich’s small business agents now have more than 500 monoline auto classes to sell. The company announced it has opened 257 existing America...

AIG, Starr End Trademark Feuds

Dec 5 2006 // American International Group, Inc. and C.V. Starr & Co., Inc. announced that they have settled certain disputes between them, including disputes relating to the termination of the managing general agency relationships...

Genworth, AIG Units Receive Federal Subpoenas

Nov 22 2006 // Insurance holding company Genworth Financial Inc. and two units of the insurance company American International Group Inc. have received subpoenas from the Securities and Exchange Commission and the U.S. Justice...

AIG’s Decker Named Chairman of Marine Association

Nov 16 2006 // American Institute of Marine Underwriters (AIMU) elected Richard J. Decker, president of AIG Global Marine, as chairman. He succeeds Robert V. Huffert, senior vice president and manager of the ocean marine department and a...

AIG More Than Doubles 3Q Earnings

Nov 10 2006 // Profits at American International Group, Inc. (AIG) more than doubled in the third quarter, thanks in part to a calmer than expected hurricane season. AIG reported net income for the third quarter of 2006 was $4.22 billion...

New Markets

Nov 6 2006 // Travel Guard Nuts & Bolts: AIG Travel Guard has created a travel insurance plan called My Travel Guard that allows clients to pick and choose the coverages that best meet their specific travel needs. The plan offers...

New Markets

Nov 5 2006 // High Value Homeowners Program Nuts & Bolts: Crawley Warren Insurance Services Inc. announced its new customized High Value Homeowners Program (HVH) for high net worth clients in California. This non-admitted product...

New Markets

Nov 5 2006 // Travel Guard Nuts & Bolts: AIG Travel Guard has created a travel insurance plan called My Travel Guard that allows clients to pick and choose the coverages that best meet their specific travel needs. The plan offers...

Syracuse, N.Y. Area Industry Honors AIG’s Hanesworth

Nov 3 2006 // Phyllis Hanesworth, senior claims representative for the Liverpool, N.Y. office of American International Group, Inc., was named the Insurance Person of Distinction during the 46th annual Syracuse Insurance Day Conference...

New Markets

Oct 23 2006 // Terrorism Insurance Nuts & Bolts: Hiscox USA, U.S. subsidiary of Hiscox plc, now provides terrorism insurance in the U.S., from the U.S. The coverage is being offered to brokers through Hiscox USA’s Armonk, N.Y....

New Markets

Oct 23 2006 // Terrorism Insurance Nuts & Bolts: Hiscox USA is now providing terrorism insurance in the U.S., from the U.S. The coverage is being offered to brokers through Hiscox USA’s Armonk, New York headquarters. Hiscox...

New Markets

Oct 23 2006 // Corporate Identity Theft Nuts & Bolts: National Union Fire Insurance Company of Pittsburgh, Pa., a member of American International Group Inc., released AIG Corporate Identity Protection, a new insurance policy...

Business Moves

Oct 23 2006 // OneBeacon, QBE OneBeacon Insurance Group completed its renewal rights and asset sale agreement to transfer its agricultural division to QBE the Americas, a division of QBE Insurance Group Ltd., for approximately $32...