Latest Starr Companies Headlines
All the headlines from our Starr Companies Topic Page, ordered by recency.
C.V. Starr & Co. Appoints Sokol as Marketing Manager
Feb 26 2010 // Jacob Sokol has been apppointed marketing manager of C.V. Starr & Co. Inc. based in New York, N.Y. Sokol will be responsible for the development and implementation of Starr’s marketing efforts as the company...
Best Assigns ‘A’ Ratings to Starr International Insurance (Asia)
Feb 3 2010 // A.M. Best Co. has assigned a financial strength rating of ‘A’ (Excellent) and an issuer credit rating (ICR) of “a” to Hong Kong–based Starr International Insurance (Asia) Limited – both...
C.V. Starr & Co. (California) Appoints Garrison as President and CEO
Feb 2 2010 // C.V. Starr & Co. (California) has appointed Michael Garrison president and CEO. The company is an indirect wholly owned subsidiary of C. V. Starr & Co. Inc., and provides comprehensive casualty insurance solutions...
Greenberg: Story Line Shifts to His Private Company, C.V. Starr
Nov 10 2009 // When Maurice “Hank” Greenberg has been in the news during the past five years, the story usually has been about American International Group (AIG), the company he built into an insurance conglomerate and headed...
Ratings Recap: Starr Surplus, Wethaq, Unity Re, Ansvar
Oct 1 2009 // A.M. Best Co. has assigned a financial strength rating of ‘A’ (Excellent) and an issuer credit rating of “a” to Chicago-based Starr Surplus Lines Insurance Company, a wholly owned subsidiary of...
Kittleson, Hill Join Iron-Starr Excess Casualty Operation in Bermuda
Sep 10 2009 // Iron-Starr Excess Agency Limited, the joint venture between Ironshore Inc. and C. V. Starr & Co., Inc., report that Eric S. Kittleson and Mark Hill have joined the Excess Casualty operation domiciled in Bermuda....
AIG, Former CEO Greenberg, CFO Smith Agree to Binding Arbitration
Aug 31 2009 // American International Group Inc. and former CEO Maurice “Hank” Greenberg said Monday they have agreed to privately arbitrate a shareholder lawsuit, and possibly another, potentially ending a an extended legal...
Billions At Stake Over Trust in Trial of AIG v. Ex-CEO Greenberg
Jul 7 2009 // Maurice “Hank” Greenberg, former chief executive of American International Group Inc., fabricated documents and lied under oath in a bid to rewrite history and cloud who is the rightful beneficiary of a...
Jury Rules for Ex-CEO Greenberg Over AIG in Starr Case
Jul 7 2009 // A company run by former AIG CEO Maurice “Hank” Greenberg did not plunder billions from a retirement fund, a jury ruled, dashing the bailed-out insurer’s chances of collecting $4.3 billion in...
Starr Indemnity Makes Three Executive Appointments
Jul 2 2009 // New York-based Starr Indemnity & Liability Co. has made three executive appointments. Jim Vendetti has been named senior vice president & chief underwriting officer. He will oversee building and managing all...
C.V. Starr Offers Primary General Liability for Commercial Contractors
Jul 1 2009 // C.V. Starr & Co. is broadening its product mix with PrimeSTARR, a product for small to medium- sized commercial trade and general contractors. PrimeSTARR is being offered through Starr Indemnity. It boasts primary...
Starr Teams up with Talbot, QBE for Construction Risks through Lloyd’s
Jul 1 2009 // Starr Underwriting Agents Limited and Starr Specialty Lines Insurance Agency, LLC, both subsidiaries of C. V. Starr & Co., Inc. announced that they can now offer additional capacity of up to $75 million “through...
AIG vs. Greenberg Trial: AIG Never Involved in Management of Starr
Jun 22 2009 // Former American International Group Inc. chief Maurice “Hank” Greenberg told a federal jury on Friday that his former company at no time played a role in the management of Starr International, a private company...
AIG vs. Greenberg Trial: Worries About Privately-Funded Pension Plan
Jun 19 2009 // International Group Inc. had questioned for years a retirement bonus plan for top managers because it was funded by a private company at no cost to AIG and that may have violated good governance standards, AIG’s...
AIG vs. Greenberg Trial: Stock Flown to Bermuda to Avoid Seizure
Jun 18 2009 // The former head of ailing U.S. insurance giant AIG told a court Wednesday that he had a private jet fly a large block of the company’s stock to Bermuda from New York to prevent AIG from seizing it. “It was a...
Ex-CEO Greenberg: No Fiduciary Duty to Fund AIG Compensation Plan
Jun 17 2009 // Maurice “Hank” Greenberg, former chief executive of insurer AIG, testified before a federal jury on Tuesday that he did not have a fiduciary duty to fund an AIG compensation plan. “I did not view myself...
Lawyers Hurl Opening Volleys in Trial of AIG Against Ex-CEO Greenberg
Jun 17 2009 // Witnesses began testifying Tuesday in the civil trial of American International Group Inc.’s former top executive, accused of plundering an AIG retirement program of billions of dollars. Attorney Theodore Wells told...
AIG Stock Fight With Ex-CEO Greenberg Heads to Trial
Jun 12 2009 // AIG, days before a high-profile legal fight with a company controlled by former CEO Maurice Greenberg heads to court, promised to use any funds won at trial to repay U.S. taxpayers. “While any relief granted for...
Judge Rules Jury to Hear Claims in Starr-AIG Battle
Jun 4 2009 // A jury should hear the claims in litigation between American International Group Inc. and Starr International Co. Inc. controlled by the troubled insurance giant’s former chief executive, Maurice “Hank”...
Business Moves
May 18 2009 // The Hartford Hartford Financial Services Group Inc. is reportedly trying to sell its property/casualty insurance business, as it reels from massive losses, according to Reuters. The Hartford has retained Goldman Sachs to...