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American International Group

A collection of news and information related to American International Group published by this site and its partners.

Top American International Group Articles

Displaying items 12-22
  • Warren probes insurers' sales incentives for annuities

    Warren probes insurers' sales incentives for annuities
    Sen. Elizabeth Warren is probing the sales practices of the nation's largest providers of annuities, a popular but often complex financial product sold for retirement planning. The Massachusetts Democrat sent a letter Tuesday to units of New York's...
  • Wandering Eye: Fracking linked to rise in radon, shady shit in the insurance industry again, and more

    Wandering Eye: Fracking linked to rise in radon, shady shit in the insurance industry again, and more
    Documentation of the dangers of hydraulic fracturing for natural gas has been mounting, with fracking shown to cause earthquakes, and now, from a new study in "Environmental Health Perspectives," it's shown to coincide with a dramatic rise in indoor radon...
  • 'Fraud and manipulation' behind Risoldi insurance claims in three fires, Bucks County judge told

    Attorneys are expected to make closing arguments Wednesday morning, the seventh day of a preliminary hearing for the prominent Risoldi family of Bucks County. Accused of orchestrating a $20 million insurance fraud, Claire Risoldi, three members of her...
  • AIG says it tried to drop Risoldi family as clients after first fire at Bucks estate

    AIG says it tried to drop Risoldi family as clients after first fire at Bucks estate
    An AIG insurance adjuster testified the company tried to drop the Risoldi family as clients ever since 2009, following the first of what would be three fires at the family's Buckingham estate. James O'Keefe told a Bucks County District Court judge...
  • Agent with attorney general's office: Claire Risoldi asked me not to investigate jewelry thefts

     Agent with attorney general's office: Claire Risoldi asked me not to investigate jewelry thefts
    Buckingham's Midway firefighters testified Thursday that Claire Risoldi and her family falsely accused the squad of stealing millions in jewelry during an October 2013 fire at the family's township mansion. The fire was the third in five years at...
  • Defense lawyer: Lack of arson charges undermines $20M fraud case against Risoldis

    Defense lawyer: Lack of arson charges undermines $20M fraud case against Risoldis
    Arson was not among the criminal charges brought against the prominent Risoldi family of Bucks County, whose Buckingham mansion burned three times in five years. Arson was not established by independent fire investigators or a township fire marshal....
  • Hearing begins for Bucks family accused of fraud

    Hearing begins for Bucks family accused of fraud
    DOYLESTOWN — In the first day of preliminary hearing testimony in a $20 million insurance fraud case, topics ranged from whether a stockpile of hair spray could accelerate a fire — to whether a home sale was a sham transaction — to why...
  • Morgan Stanley CFO Ruth Porat to be Google's new CFO

    Morgan Stanley CFO Ruth Porat to be Google's new CFO
    The balance of power between Wall Street and Silicon Valley shifted another degree westward. Ruth Porat, chief financial officer of Morgan Stanley, is leaving to take the same job at Google Inc., a symbolically significant move by a high-profile Wall...
  • Judge denies Pennsylvania AG's request to skip preliminary hearing in Risoldi fraud case

     Judge denies Pennsylvania AG's request to skip preliminary hearing in Risoldi fraud case
    A $20 million insurance fraud case against a prominent Bucks County family and two associates will first be heard in district court, against the wishes of the Pennsylvania Attorney General's Office. Judge Thomas G. Gavin on Monday turned down the AG's...
  • Robert Benmosche dies at 70; led financial giant AIG after U.S. bailout

    Robert Benmosche dies at 70; led financial giant AIG after U.S. bailout
    Robert Benmosche, the former president and chief executive of AIG who led the insurer's turnaround after its $182-billion government bailout, died of lung cancer Friday at NYU Langone Medical Center, the company said. He was 70. Benmosche became AIG's...
  • Former AIG CEO Robert Benmosche Dies Of Cancer At 70

    NEW YORK — Former AIG President and CEO Robert Benmosche, who led the insurer's turnaround after its $182 billion government bailout, has died of lung cancer at age 70, the company announced Friday. The company says Benmosche died Friday morning at...