Search for: "AIG Casualty Company"
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12 Mar 2009, 9:00 am
Management believes plans to ultimately spin off a portion of AIG's core franchise property/casualty business should help to alleviate these concerns. [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]
4 Mar 2009, 6:19 am
I've had many debates over the last six months with my friends and associates in the property casualty claims departments over what the new model will eventually look like as life markets are untethered from the property casualty companies, if for instance AIG sells their life markets, Hartford sells their or other firms make similar decisions over the coming months and years. [read post]
2 Mar 2009, 6:15 am
The establishment of the new holding company, including its Commercial Insurance Group, Foreign General unit, and other property and casualty operations, is to be called AIU Holdings, Inc.AIU Holdings, Inc. will assist AIG in preparing for the potential sale of a minority stake in the business, which ultimately may include a public offering of shares, depending on market conditions. [read post]
1 Mar 2009, 5:59 pm
AIG, the distressed insurance company, is expected to announce a $60 Billion quarterly loss. [read post]
1 Mar 2009, 4:31 am
Recently we have also seen AIG's meltdown, and concerns about Lincoln National, Prudential and other insurers. [read post]
14 Dec 2008, 12:20 pm
See also Alib, Inc. v Atlantice Casualty Insurance Company, 52 AD3d 419 (1st Dept 2008); Glynn v United House of Prayer for All People, 292 AD7d 319, 322 (1st Dept 2002) ; Herbert St. [read post]
14 Nov 2008, 8:35 am
Executives of AIG were enjoying visits to a high-end resort while present and future taxpayer dollars were bailing out the company. [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]
1 Nov 2008, 6:56 pm
In addition, it tracks the risk-adjusted performance of over 20,000 mutual funds and more than 6,000 stocks.What may be surprising to the AIG "hacky sack dancers" is that both American General Life and former structured annuity issuer VALIC are on the list.The Street.Com gives consumers, tort victims, potential and existing structured settlement annuity recipients, property casualty insurers, their attorneys, judges and the media a different perspective. [read post]
25 Oct 2008, 9:03 pm
" to finance experts and instead refer to my post on the AIG Bailout: ... [read post]
14 Oct 2008, 2:45 pm
AIG Commercial Insurance will still be a very large commercial property casualty company that's very well positioned to serve clients' global needs The company pays $73 million in claims every day! [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]
9 Oct 2008, 3:12 pm
In that memo he stated the following:"AIG Chairman and CEO Ed Liddy announced AIG's intent to focus the company on its core property and casualty insurance businesses, while entertaining the opportunity to sell several attractive businesses, including possibly AIG American General. [read post]
3 Oct 2008, 9:49 pm
The reshaped AIG according to this plan would center around it's commercial property casualty business in the US, international subsidiaries and the immensely profitable international life insurance operations. [read post]
1 Oct 2008, 6:03 am
Now many companies do. [read post]
29 Sep 2008, 1:12 pm
By accepting the terms of this rescue package, AIG becomes the largest government bailout of a private company in U.S. history. [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]
25 Sep 2008, 4:42 am
Will the AIG casualty companies survive in their current form? [read post]
24 Sep 2008, 5:38 pm
The AIG failure underscores that even the largest of insurers may be vulnerable to the current financial crisis. [read post]
