Bailed-out insurer American International Group Inc. will resume using its brand name in public in a move to recognize the company’s turnaround, Chief Executive Bob Benmosche said on Thursday. AIG, which received $182 billion in government bailouts during the financial …
A deal has been reached to prevent a new criminal fraud trial for former executives of American International Group Inc. and Berkshire Hathaway Inc. unit Gen Reinsurance, federal prosecutors said on Friday. “The parties have reached agreements to resolve this …
American International Group has appointed Laurette Koellner to the newly created role of executive chairman for its aircraft-leasing unit, International Lease Finance Corporation (ILFC).In this role, Koellner becomes the most senior executive officer of ILFC and reports to AIG CEO …
Connecticut Insurance Commissioner Thomas Leonardi announced Monday that the state has received just over $1 million in fines and penalties from American International Group Inc. as part of a multi-state settlement over allegations that the company under-reported its premiums of …
Mississippi’s insurance commissioner says the state will receive nearly $1 million as part of a national settlement over American International Group’s financial reporting for worker’s compensation insurance.
American International Group Inc. will pay California $15.6 million in penalties to settle allegations that its insurance companies underreported workers’ compensation premiums over several decades. The sum is part of a $146.5 million settlement AIG reached with insurance regulators across …
Here is another sign that American International Group executives may be feeling bullish about the company’s future prospects — CEO Robert Benmosche said this week that Chartis may readopt the AIG brand name in coming years, as the bailed-out insurer …
Pennsylvania Insurance Commissioner Michael Consedine announced Thursday that American International Group and its workers comp insurance units will pay Pennsylvania more than $16.8 million in fines and assessments. The regulator said this reflects a settlement agreement in a multi-state probe …
Shares in bailed-out insurer American International Group dipped below the government’s breakeven price on its 61 percent stake in the company, just days after the U.S. Treasury completed another offering of its stock. AIG fell 6.1 percent to $28.60 in …
Hewlett-Packard Co. on Monday lost a battle with the U.S. Internal Revenue Service for more than $190 million in tax refunds tied to a Dutch tax shelter designed by the derivatives arm of American International Group. The ruling turns a …
