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
2025-01-29 (bloomberglaw.com)
AIG, Gas Company Lock Horns in Hawaii Climate Change Dispute
An American International Group Inc. unit owes legal defense costs for climate change-related litigation against a Sunoco LP subsidiary because there’s at least a chance the claims are covered, the energy company told a Hawaii federal court.
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2024-10-10 (insurancenewsnet.com)
Hawaii’s high court sides with AIG in climate change lawsuit
Hawaii's highest court sided with AIG in classifying greenhouse gases as pollution, thereby triggering an insurance exclusion.
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2024-10-09 (bloomberglaw.com)
AIG Units Notch Win in Hawaii Court Over Climate Change Coverage
Greenhouse gases fall under pollution exclusions in several policies issued by American International Group Inc. units, Hawaii’s high court said, likely closing the door on insurance coverage for climate-change related claims against a gas company.
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2024-10-03 (commondreams.org)
Climate Change Risks Should Push U.S. Regulators To Redesignate AIG as ‘Systemically Important’
American International Group( AIG)’ s contribution and exposure to climate risk in the face of market-wide insurance disruptions poses a significant and structural risk to the U.S. financial system, according to a letter sent today to members of the Financial Stability Oversight Council( FSOC) by
Read more2024-09-12 (bloomberglaw.com)
Insurance Row Over Hawaii Resort Storm Damage Sent to Appraisal
An insurance dispute over 2021 rainstorm damage to two Hawaii resorts involving units of Chubb Ltd., American International Group Inc., Berkshire Hathaway Inc., and other major insurers will be resolved in appraisal, a form of arbitration.
Read more2024-04-09 (eltiempolatino.com)
Impact of climate change: insurance industry loses millions
The insurance industry faces challenges due to the impact of climate change and housing policies across the country
Read more2022-08-13 (reuters.com)
Sunoco subsidiary sues insurer for refusing to cover climate-change litigation
Sunoco subsidiary Aloha Petroleum is suing its former liability insurer in federal court in Hawaii, saying the company is shirking its duty to defend Aloha against the climate-change cases that local governments in Honolulu and Maui have filed against Big Oil companies.
Read more2022-03-02 (intelligentinsurer.com)
AIG reveals new net zero targets ‘realities of climate change'
The insurer wants to push for a ‘transparent journey’ toward sustainability.
Read more2021-11-18 (carriermanagement.com)
P/C Carriers' Increased Reliance on Reinsurance Means Premium Hikes are Coming - Carrier Management
American International Group Inc. and other insurers avoided steep losses from a spate of extreme weather this year thanks in part to the reinsurance industry. But increased reliance on those policies probably means price hikes are coming.
Read more2021-06-15 (sky.com)
L&G puts AIG on the naughty step over 'insufficient' climate change action
The UK asset manager says it is divesting from four companies due to "unsatisfactory responses" or breaches of "red lines".
Read more2021-04-15 (rollcall.com)
Corporations agree to transparency on climate lobbying - Roll Call
Five major companies will report publicly about their influence on climate policy and alignment with the Paris climate accord.
Read more2007-10-01 (kiplinger.com)
25 Stocks to Invest in a Cleaner World
You don't have to be a tree hugger to believe that climate change and energy efficiency will be significant investing themes for years to come.
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