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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 56-66
  • MassMutual: Former Staff Of The Hartford Will Work In Enfield

    Connecticut won't lose hundreds of workers to Massachusetts as employees transfer from The Hartford Financial Services Group to Massachusetts Mutual Life Insurance Co. Instead, they'll work in Enfield. On Jan. 1, The Hartford completed the sale of its...
  • The Hartford: Sale Of 3 Units Completed This Week

    The Hartford started the new year by announcing that it has closed on several major transactions related to the company's transformation announced last March. The Hartford Financial Services Group said Wednesday that it had completed the sale of three...
  • The Hartford Completes Sale Of Woodbury Financial Brokerage To AIG

    The Hartford Financial Services Group said Monday it has completed its sale of Woodbury Financial Services to American International Group Inc. The Hartford said in August it reached a deal to sell Woodbury Financial for $115 million — $25...
  • Travelers Estimates $650 Million In Sandy Losses, After Tax, Reinsurance

     Travelers Estimates $650 Million In Sandy Losses, After Tax, Reinsurance
    Hurricane Sandy is estimated to cost The Travelers Cos. $650 million after the company accounts for tax and reinsurance. Reinsurance is insurance for insurers, covering insured costs if the dollar amount reaches a certain level. Before tax and...
  • Working poor didn't cause crash

    Working poor didn't cause crash
    I must take issue with letter writer Stanley Glinka's assertion that it was "the policy of forcing banks to give loans to people who could not afford them" that led to our current financial mess ("Stop blaming Bush," May 1). First of all, we need to...
  • Pay More Than Doubles For The Hartford's CEO, Liam McGee

    The 2012 pay package for Liam E. McGee, chairman and CEO of The Hartford Financial Services Group, was more than double what he received in 2011, according to documents filed Friday afternoon with the U.S. Securities and Exchange Commission. McGee had...
  • Ten Maryland banks remain in TARP, while Treasury winds down program

    Ten Maryland banks remain in TARP, while Treasury winds down program
    Delmar Bancorp has no regrets about taking a $9 million investment from the federal Troubled Asset Relief Program, even though some banks have rushed for the exit. "We did it as an abundance of caution," said Ed Thomas, president of the parent of Bank of...
  • Insurers Are Among Companies Praised For LGBT Work Equality Policies

    A number of insurance companies received a perfect score from the Human Rights Campaign Foundation for having policies and practices that provide an equal workplace for lesbian, gay, bisexual and transgender employees. A total of 252 companies across the...
  • Will Wall Street prevail?

    Will Wall Street prevail?
    Corporate-sponsored groups have launched a campaign of litigation in the lower federal courts challenging the legality of the second major piece of President Barack Obama's legislative program, one that received a lot of attention in last week's first...
  • Attorneys to settle mudslide lawsuit

    The Pasadena law firm that defended Glendale in lawsuits stemming from a 2005 mudslide that cost the city nearly $15.4 million has agreed to pay $98,500 to settle a malpractice lawsuit, according to a City Council announcement this week. Glendale sued...
  • The Hartford To Sell Life Insurance Unit To Prudential In $1.5 Billion Transaction

    The Hartford Financial Services Group announced Thursday it is selling its life insurance business to Prudential Financial Inc., in a deal valued at $1.5 billion. About 1,000 employees — including nearly 200 in Connecticut — work for The...