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2 May 2024, 1:22 pm by Guest Author
The U.S. government committed approximately $182 billion to bail out AIG, $187 billion to bail out Fannie Mae and Freddie Mac, $40 billion to Bank of America and Citigroup, and an additional $30 billion to incentive JP Morgan Chase to buy Bear Sterns. [read post]
23 Apr 2024, 4:21 am by Patrick Bracher (ZA)
[Tyson International Company Limited v Partner Reinsurance Europe SE (2024] EWCA civ 363 at para 53 referring to AIG Europe SA v John Wood Group Plc [2021] EWHC 2567 (Com) and HIH Casualty Limited v New Hampshire Insurance Co [2001] EWCA civ 735 at paras 69 to 97] [read post]
23 Apr 2024, 4:21 am by Patrick Bracher (ZA)
[Tyson International Company Limited v Partner Reinsurance Europe SE (2024] EWCA civ 363 at para 53 referring to AIG Europe SA v John Wood Group Plc [2021] EWHC 2567 (Com) and HIH Casualty Limited v New Hampshire Insurance Co [2001] EWCA civ 735 at paras 69 to 97] [read post]
11 Feb 2024, 5:41 am by Kevin LaCroix
At the post-event reception, I had a chance to speak with Richard Eveleigh of AIG, Karen Boto of Clyde & Co, and Sarah Coutts of Marsh. [read post]
25 Jan 2024, 2:51 pm by Kevin LaCroix
Section 533 of the California Insurance Code provides that an insurer is not liable for loss caused by an insured’s willful act. [read post]
18 Dec 2023, 9:16 am by Javier Dominguez
High Court against Chaucer Corporate Capital and AIG Insurance for withholding insurance claims. [read post]
30 Nov 2023, 3:06 pm by Philip Pillsbury
AIG Specialty Insurance Company, et al., Napa County Superior Court, Case No. 21CV001530 appeared first on Pillsbury & Coleman, LLP. [read post]
30 Nov 2023, 2:53 pm by Philip Pillsbury
AIG Specialty Insurance Company, et al., Napa County Superior Court, Case No. 21CV001530, which involved a luxury resort that was burned to the ground by wildfire. [read post]
30 Nov 2023, 2:33 pm by Philip Pillsbury
AIG Specialty Insurance Company, et al., Case No. 21CV001530, held that all five OLL Endorsements violated California’s fundamental “conspicuous, plain and clear” rule of policy interpretation. [read post]
29 Nov 2023, 9:05 pm by renholding
The AIG litigation involved several parallel cases and dockets, however, and thus the total AIG-related litigation in the Afsharipour & Jennejohn dataset ran for 2,645 days [4] See Jennejohn Email, supra note 2. [5] Id. [6] Complaint at Exhibit 4, X Corp. v. [read post]
8 Nov 2023, 2:26 pm by Kevin LaCroix
Readers interested in reading about an example of interpleader from the distant past involving a dispute between AIG and Hank Greenberg will want to refer here. [read post]
2 Nov 2023, 9:01 pm by renholding
Lest we forget, credit default swaps played a critical role in the collapse of then the world’s largest insurance company, AIG, as well as in broader risk-management breakdowns in the mortgage markets. [read post]
13 Oct 2023, 4:17 am by Mary Anne Peck
Meanwhile, American International Group or AIG said it would stop insuring homes along the Florida coastline , while Farmers stopped offering new property coverage in all of the sunshine state. [read post]
22 Sep 2023, 2:24 pm by Alan Rosca
Stratman allegedly was a broker for AIG Capital Services, Inc., in Woodland Hills, California, from 2015 to 2016. [read post]
22 Sep 2023, 2:24 pm by Alan Rosca
Stratman allegedly was a broker for AIG Capital Services, Inc., in Woodland Hills, California, from 2015 to 2016. [read post]
22 Sep 2023, 2:24 pm by Alan Rosca
Stratman allegedly was a broker for AIG Capital Services, Inc., in Woodland Hills, California, from 2015 to 2016. [read post]