American International Group, Inc.
Location
New York
Founded
1919-02-28
Website
Risk Signals
5673 news mentions monitored
Industry Context
This company is tracked across risk categories, including those related to its sector (e.g., Investment Advice, Life Insurance, Accident and Health Insurance, Fire, Marine, and Casualty Insurance, Insurance Agents, Brokers, and Service), including supply chain integrity, ESG practices, labor disputes, and regulatory compliance.
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Recent Articles about American International Group, Inc.
Live alerts from global media, monitored by Business Radar
2024-12-18 (bloomberglaw.com)
AIG Unit Settles D&O Coverage Dispute With Luggage Brand Away
Premium luggage company Away and an American International Group Inc. unit agreed to settle a dispute over whether the insurer owed legal costs for a lawsuit alleging Away’s co-CEOs had allowed an unauthorized securities sale and failed to properly execute a 2019 tender offer.
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2024-11-28 (bloomberglaw.com)
AIG Unit Gets Mixed Illinois Court Ruling on BIPA Coverage
An American International Group Inc. insurance unit must pay defense costs for an Illinois discount grocer in a suit alleging biometric privacy law violations, but only once coverage under other insurance is exhausted, a federal court ruled.
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2024-10-10 (bloomberglaw.com)
AIG Unit Settles Lawsuit Over Lost $200,000 Engagement Ring
An insurance coverage lawsuit against an American International Group Inc. unit over a lost engagement ring was dismissed after the parties reached a confidential settlement agreement.
Read more2024-03-19 (bloomberglaw.com)
AIG Unit to Pay $13.9 Million in New York Coverage Settlement
An American International Group Inc. unit agreed to pay $13.9 million to resolve claims that it issued insurance policies to schools, universities, and companies that didn’t meet minimum loss-ratio standards or provide coverage as advertised.
Read more2024-01-23 (bloomberglaw.com)
AIG Settles Missouri Agency’s Revived Trademark Suit Over Name
Insurance industry giant AIG and family-owned A.I.G. Agency based in Missouri cemented a settlement of the latter’s trademark claims that had been revived by the Eighth Circuit.
Read more2023-07-19 (bloomberglaw.com)
UPS Loses Bid to Force EVA Air to Pay for Damaged Vitamins Deal
A United Parcel Service Inc. subsidiary lost an appeal to force EVA Airways Corp. to shoulder the delivery company’s settlement costs with an American International Group Inc. unit over damaged vitamin pills shipped from Chicago to South Korea.
Read more2023-01-31 (insurancebusinessmag.com)
AIG fires interim finance chief
Camps enter settlement agreement
Read more2023-01-30 (marketscreener.com)
American International : SETTLEMENT AGREEMENT AND RELEASE - Form 8-K
SETTLEMENT AGREEMENT AND RELEASE This Settlement Agreement and Release is entered into between Mark D. Lyons and American International Group, Inc., a Delaware... | January 30, 2023
Read more2022-10-10 (propertycasualty360.com)
Insurers barred from excluding coverage for Godiva’s class action settlement | PropertyCasualty360
Godiva successfully argued that the class action settlement was not a penalty, which would have been excluded, but rather a form of compensation.
Read more2022-09-13 (businessinsurance.com)
Insurers must cover Godiva’s settlement costs - Business Insurance
A Delaware court ruled Monday that Sompo International Holdings Ltd. and American International Group Inc. units must cover the maker of Godiva chocolates under their directors and officers liability policies in the settlement of a dispute over the company’s Belgian origins.
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2022-07-12 (courthousenews.com)
Shareholder Class Action
A class action in Los Angeles Superior Court objects to American International Group CEO Edward Liddy paying his honchos multimillion-dollar bonuses with taxpayers’ bailout money. Regions Financial Corp. sold its 8.875% Regions Financing Capital
Read more2021-07-16 (businessinsurance.com)
Federal court rules for Axa in D&O dispute with AIG - Business Insurance
A federal district court has ruled in favor of an Axa SA unit in a dispute over whether an American International Group unit is obligated to contribute $1 million to a settlement under its directors and officers liability coverage.
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