American International Group, Inc.

Location

New York

Founded

1919-02-28

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.

Recent Articles about American International Group, Inc.

Live alerts from global media, monitored by Business Radar

AIG Unit to Pay $13.9 Million in New York Coverage Settlement

2024-03-19 (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.

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Insurer AIG pays $12 million fine in NY pension transfer probe

2021-02-01 (reuters.com)

Insurer AIG pays $12 million fine in NY pension transfer probe

American International Group inc agreed on Monday to pay a $12 million civil fine to settle charges that it conducted life insurance business in New York without a license.

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AIG to pay $12M fine for N.Y. pension transfers | Business Insurance

2021-02-01 (businessinsurance.com)

AIG to pay $12M fine for N.Y. pension transfers | Business Insurance

AIG to pay$ 12M fine for N.Y. pension transfers Posted On: Feb.1, 2021 10:12 AM CST( Reuters)— American International Group Inc. agreed on Monday to pay a$ 12 million civil fine to settle charges it conducted life insurance business in New York

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U.S. says AIG settles tax shelter lawsuit, forgoes over $400 mln tax credits

2020-10-23 (reuters.com)

U.S. says AIG settles tax shelter lawsuit, forgoes over $400 mln tax credits

American International Group Inc agreed to give up claims to more than $400 million of foreign tax credits and to accept a 10% tax penalty to settle accusations it used abusive tax shelters, the U.S. Department of Justice said on Friday.

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AIG investment advisory unit to pay $40 million to resolve SEC charges

2020-07-28 (cnbc.com)

AIG investment advisory unit to pay $40 million to resolve SEC charges

VALIC Financial Advisors, a unit of American International Group, has agreed to pay about $40 million for failing to disclose to teachers and other investors practices that generated millions for the firm.

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AIG CEO Received 2013 Pay Package of $14.8 Million

2014-03-13 (wsj.com)

AIG CEO Received 2013 Pay Package of $14.8 Million

AIG CEO Robert Benmosche received total compensation of $14.8 million in 2013, a 40% increase over the prior year's $10. 6 million total, as the insurer's directors substantially boosted his short-term bonus for exceeding various targets.

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Hurricane Sandy May Lead More Art Collectors to Seek Additional Insurance Coverage

2013-04-18 (wsj.com)

Hurricane Sandy May Lead More Art Collectors to Seek Additional Insurance Coverage

Superstorm Sandy may create a wave of art collectors seeking additional, specialized coverage

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AIG Refines Approach on Risk Handling

2010-09-15 (wsj.com)

AIG Refines Approach on Risk Handling

As American International Group gets closer to becoming an independent company again, CEO Robert Benmosche and fellow officer Peter Hancock are leading an effort to change the insurer's culture of risk management.

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Liddy’s salary at AIG next year? A buck

2008-11-25 (investmentnews.com)

Liddy’s salary at AIG next year? A buck

American International Group chief executive Edward Liddy, who is charged with the Herculean task of saving the giant insurance company, will receive $1 in compensation this year and next.

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AIG unit fined $1.3 million by U.K. regulator

2008-05-21 (marketwatch.com)

AIG unit fined $1.3 million by U.K. regulator

LONDON (MarketWatch) -- The U.K.'s Financial Services Authority said Wednesday that it's fined Unat Direct, a subsidiary fo American International Group Inc....

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AIG to pay Pennsylvania $13.5 million - InvestmentNews

2008-03-18 (investmentnews.com)

AIG to pay Pennsylvania $13.5 million - InvestmentNews

AIG will pay $13.5 million to settle an investigation involving its alleged sham reinsurance deal with General Re.

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Insurers to pay $50 million in Hollinger settlement

2006-06-02 (canadianunderwriter.ca)

Insurers to pay $50 million in Hollinger settlement

American International Group Inc. and Chubb Corp. may pay CD$ 50 million to cover a settlement involving a suit against past directors of Hollinger International Inc., Ontario Superior Court Judge Colin Campbell recently ruled.The minority Hollinger

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