A federal appeals court says an insurance company must pick up Bill Cosby’s tab to fight defamation lawsuits brought by women who accused him of sexual misconduct. But the ruling by the 1st U.S. Circuit Court of Appeals in Boston, …
American International Group Inc. announced the authorization of new insurance companies in the United Kingdom and Luxembourg in preparation for the UK’s exit from the European Union. The formation of the two new units provides clients certainty of uninterrupted UK …
It was a no-brainer for former thought-leaders from AIG to set up shop for their new high net worth insurer in the Sunshine State, a state known for beautiful beaches, a growing economy and lots of wealthy individuals. A pull …
American International Group said Ed Dandridge will join the company as head of Marketing and Communications, General Insurance, effective April 16. In this role, Dandridge will be responsible for General Insurance’s global marketing and communications strategy and programs. General Insurance …
Insurer American International Group Inc on Friday said that it has struck a deal with online travel services provider Brand Expedia Group to sell travel insurance to the company’s global customers. The move is part of a strategy by AIG …
American International Group announced that Caroline Krass will join the company as senior vice president and general counsel for General Insurance, and deputy general counsel for AIG, effective in March. Krass previously served as general counsel for the Central Intelligence …
Eight months after Chief Executive Officer Brian Duperreault took over and began to undo his predecessor’s retrenchment strategy, the company announced a $5.56 billion, all-cash deal to purchase Bermuda reinsurer Validus Holdings Ltd., its largest standalone acquisition in 17 years. …
“It was all hands on deck.” That apt description of the reaction to the deadly outbreak of wildfires that ravaged California in October was from Stephen Poux, global head of risk management and loss prevention for AIG’s private client group. …
American International Group recently made two major domestic executive appointments: Lex Baugh is AIG’s new chief executive officer for North America General Insurance, and George Stratts has been named CEO of AIG’s surplus lines unit, Lexington Insurance Co. Baugh is …
Tokio Marine HCC plans to acquire the medical stop-loss operations of American International Group (AIG). Neither side is disclosing financial terms in the deal, which is expected to close on Oct. 15. But the operations in question produce $350 million …
