Search for: "AIG Casualty Company"
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7 Aug 2008, 3:17 pm
It wasn't long ago that AIG routinely racked up record earnings from quarter to quarter and was a stock and company beloved by Wall Street and stock analysts who were enamored by the management of former CEO Hank Greenberg and his team. [read post]
26 Sep 2008, 1:00 pm
The 24 month $85 billion federal loan to AIG relates to the current needs of the parent company and NOT its insurance company subsidiaries. [read post]
9 Oct 2008, 8:59 pm
Many other property and casualty companies support the use of structured settlements without having an affiliated life insurance company. [read post]
7 Jul 2016, 1:29 pm
For approximately 80 years, the company was also in the business of mining asbestos and manufacturing products that contained asbestos for other companies. [read post]
24 Mar 2011, 12:35 pm
Five other insurers agreed to settle a related set of claims over non-excess casualty policies. [read post]
9 Dec 2009, 9:10 am
” Feinberg has already broken this cap in three instances for AIG employees: CEO Benmosche, CFO Herzog, and Property Casualty Chief Moor. [read post]
16 Sep 2008, 2:22 am
Best’s to downgrade AIG’s property/casualty insurance financial strength rating to A (Excellent) from A+ (Superior), about which refer here. [read post]
8 Mar 2009, 8:48 am
AIG is back in the headlines with the names of the counter parties to all that debt finally coming out after Congressional pressure to reveal who was benefiting from the ever increasing AIG bail out by the Fed. [read post]
17 Sep 2008, 4:10 pm
[Update: ownership does not change unless and until a default in 24 months] AIG isn't the first insurance company to go under; as the NCIGF points out, "Since 1976, there have been about 600 insolvencies of property and casualty insurers. [read post]
5 Jun 2009, 4:16 pm
The qualified assignment company for structured settlements funded with annuities issued by American International Assurance Company of New York will change to American General Annuity Service Corporation (AGASC) effective with cases locked in or funded on or after July 1, 2009.The change is primarily relevant to New York structured settlements.Structured settlements funded with annuities issued by American International Assurance Company of New York (AI Life) that are in… [read post]
31 Jan 2008, 5:21 am
The press release states that Marsh pre-designated certain insurers to win bids, resulting in increased rates for policyholders that were not competitive.AIG’s press release also states that “[t]he agreement with the Texas Attorney General also settles allegations of anticompetitive conduct relating to AIG’s relationship with Allied World Assurance Company [,another surplus lines property and casualty insurer], and includes an… [read post]
23 Sep 2008, 3:04 pm
Until further notice Prudential is requiring the name of the Assignor, to verify that it is not an AIG insurer and turning down lock in requests where an AIG casualty company is the Assignor. [read post]
25 Mar 2015, 9:21 pm
AIG Allstate Atlanta Casualty AMEX Insurance Amica Insurance Chubb CIGNA CNA Colonial Penn Covenant Crum & Forster Electric Insurance Esurance Fireman’s Fund Geico General Accident Great American Hanover The Hartford Home Insurance Infinity Insurance Integon Kemper Liberty Mutual Maryland Casualty Metropolitan Middlesex Mutual Nationwide Northland Ohio Casualty One Beacon Patriot General Peerless Preferred Mutual Progressive Prudential Reliance Royal… [read post]
16 Jan 2017, 7:37 am
A pillar of the “old” SSP’s advocacy mission was opposition to many of the features of some of the casualty company programs. [read post]
16 Jan 2017, 7:37 am
A pillar of the “old” SSP’s advocacy mission was opposition to many of the features of some of the casualty company programs. [read post]
7 Nov 2008, 2:26 pm
The first "approved list" was the lists that casualty companies created of "approved brokers" so as to limit the number of outside brokers and agents capable of handling in house claims settlement for a particular casualty company. [read post]
21 Aug 2009, 10:16 am
No Is the name of AIG's property and casualty company the same it was in March 2003? [read post]
9 Apr 2011, 6:30 am
" According to the article, American International Group, Inc., is one of four insurance companies that will pay a total of $27 million to resolve a lawsuit claiming they improperly sold excess casualty policies. [read post]
1 Sep 2009, 9:19 am
AIG et al Download James Willingham v. [read post]
25 Sep 2008, 4:42 am
Will the AIG casualty companies survive in their current form? [read post]
