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American International Group

A collection of news and information related to American International Group published by this site and its partners.

Top American International Group Articles

Displaying items 49-60
  • Harold A. 'Red' Poling dies at 86; former Ford chairman and CEO

    Harold A. 'Red' Poling dies at 86; former Ford chairman and CEO
    Harold A. "Red" Poling, a former Ford Motor Co. chairman and chief executive officer who helped lead the automaker through two recessions, has died. He was 86. Poling died Saturday at his home in Pacific Grove, on the Monterey Peninsula, the Dearborn,...
  • Home-value insurance: We're not convinced it's a good idea

    Several weeks ago, we were asked whether it made sense to buy insurance on a property's value that would pay off if the value declined. We suggested that buying property value insurance when property prices are the lowest they have been relative to income...
  • Dave Weldon wishes to take back his vote on TARP

     
    Former U.S. Rep. Dave Weldon, who's running for the U.S. Senate, has posted a statement on his campaign website declaring that he regrets voting for the federal Troubled Asset Relief Program (TARP) and wishes he could take back that 2008 vote. The TARP...
  • Prepare in case you must file a claim with your insurance company

    Prepare in case you must file a claim with your insurance company
    How to file an insurance claim Try to call your insurance agent immediately. Begin making temporary repairs to prevent further damage. Save all receipts. Do not attempt to make permanent repairs until an insurance adjuster has inspected the home. Most...
  • FBI Probes JPMorgan's $2 Billion Trading Loss

    FBI Probes JPMorgan's $2 Billion Trading Loss
    NEW YORK -- The director of the Federal Bureau of Investigation said Wednesday that the agency has opened an investigation into JPMorgan Chase, the nation's largest bank. "All I can say is that we have opened a preliminary investigation," Robert...
  • Attorneys to settle mudslide lawsuit

    The Pasadena law firm that defended Glendale in lawsuits stemming from a 2005 mudslide that cost the city nearly $15.4 million has agreed to pay $98,500 to settle a malpractice lawsuit, according to a City Council announcement this week. Glendale sued...
  • Executive At The Hartford Departs Early With Most Of A $2 Million Bonus

    The Hartford's executive who was promised a bonus of as much as $2 million if he stayed through the end of February 2013 — even if the company cut him loose sooner — has been given notice of his last day of work, and he will get three-...
  • Insurance Department Levies Largest Fine in Agencys History Against AIG

    Insurance Department Levies Largest Fine in Agency’s History Against AIG
    American International Group Inc., AIG, and its workers compensation insurance affiliates will pay Pennsylvania more than $16.8 million in fines and assessments, Insurance Commissioner Michael Consedine announced today. This reflects a settlement...
  • Stock buybacks fall for second consecutive quarter

    Stock buybacks fall for second consecutive quarter
    American companies are getting a bit hesitant about buying back their own stock. Share repurchases by large companies fell in the first three months of this year, the second consecutive quarter of declining buybacks, according to Standard & Poor’...
  • Hartford CEO: We Looked For Buyers That Would Value Our Employees

    As The Hartford sells off lines of business this year, CEO Liam E. McGee said Tuesday, company executives have worked to minimize job losses. Hundreds of employees at the company — Connecticut's largest insurance employer — will at least have...
  • The Hartford To Sell Life Insurance Unit To Prudential In $1.5 Billion Transaction

    The Hartford Financial Services Group announced Thursday it is selling its life insurance business to Prudential Financial Inc., in a deal valued at $1.5 billion. About 1,000 employees — including nearly 200 in Connecticut — work for The...
  • Case Of Ex-AIG's Greenberg May Be Heard By NY High Court

    NEW YORK -- New York state's highest court could hear securities fraud charges against former American International Group chief Maurice "Hank" Greenberg and the insurance company's former chief financial officer, Howard Smith. In a single-sentence...