American International Group Inc.’s (AIG) Lexington Insurance has introduced Celebrity Product RecallResponse, a new insurance product designed to help customers respond to risks from a celebrity endorser’s public fall from grace, scandal or unexpected death. Celebrity Product RecallResponse covers certain …
A can of worms has been opened, the horse is out of the barn and the industry is gazing into Pandora’s Box. There is no shortage of idioms for workers’ compensation experts who are concerned over a decision last week …
Glatfelter Healthcare Practice (GHP), an insurance program serving senior living facilities, home health care and other private homecare agencies, has expanded its program coverage with a new carrier, AIG. The package policy includes many enhanced coverage options such as: $50,000 …
Two subsidiaries of the American International Group — Granite State Insurance Company and New Hampshire Insurance Company — recently filed for approval a plan of redomestication that would change their state of domicile from Pennsylvania to Illinois. The two companies …
Ten major global companies have created “Together for Safer Roads,” a cross-sector coalition focused on improving road safety and reducing deaths and injuries by road traffic collisions around the world. The founding members are: Anheuser-Busch InBev, American International Group, AT&T, …
CorPro Underwriting Managers will now offer directors and officers, employment practices, fiduciary and crime insurance coverage to small and mid-sized enterprises through its partnership with subsidiaries of American International Group Inc. This partnership provides a single point of entry exclusively …
American International Group Inc. said the company plans to close its Shared Service Center located in Alpharetta, Georgia next year. The move is expected to affect approximately 420 employees, AIG told Insurance Journal. “The closure of the Shared Service Center …
Insurer American International Group on Monday reported better-than-expected third quarter earnings, bolstered in part by improved performance at core insurance operations. After-tax operating income jumped 23 percent from a year earlier. Chief Executive Officer Peter Hancock said the company remains …
American International Group Inc. agreed to pay a $35 million penalty to resolve a New York State probe into unlicensed insurance sales by former units. The subsidiaries, American Life Insurance Co. and Delaware American Life Insurance Co., solicited business in …
American International Group Inc. (AIG) has partnered with Wyvern Consulting, an aviation risk management and safety auditing firm, to launch AirGuard safety and loss control services designed to address safety and regulatory risks faced by corporate flight departments, commercial air …
