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
2024-03-19 (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 more2021-02-01 (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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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
Read more2020-10-23 (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.
Read more2020-07-28 (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.
Read more2014-03-13 (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.
Read more2013-04-18 (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
Read more2010-09-15 (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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2008-11-25 (investmentnews.com)
Liddys 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.
Read more2008-05-21 (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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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.
Read more2006-06-02 (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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