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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
  • Aircraft-leasing pioneer looks at the short haul for the long haul

    Sometimes, things are even better the second time around. That's what Steven Udvar-Hazy is hoping. Nearly 40 years after co-founding International Lease Finance Corp. and pioneering its successful model of buying airplanes and leasing them to airlines,...
  • A lexicon of the financial crisis and its aftermath

    The 2008 financial crisis and its aftermath introduced Americans to a new world of financial jargon and acronyms. A sampling: •Subprime: That was the banking industry's designation for mortgages made to borrowers with shaky credit. As the housing...
  • Cummings calls for AIG's Benmosche to step down over comments

    Cummings calls for AIG's Benmosche to step down over comments
    WASHINGTON -- Rep. Elijah E. Cummings, the top-ranking Democrat on the House Committee on Oversight and Government Reform, called for the head of AIG to resign over comments he made comparing outrage over executive bonuses to lynchings that took place...
  • Of banker bonuses and public lynchings

    Of banker bonuses and public lynchings
    One can scarcely blame an appropriately-outraged Rep. Elijah E. Cummings for calling on AIG's Robert Benmosche to step down after the CEO compared the public criticism of the generous bonuses given top finance industry executives to lynchings in the...
  • Sale of AIG's ILFC unit to Chinese investors hits a snag

    Sale of AIG's ILFC unit to Chinese investors hits a snag
    Insurance giant American International Group Inc.'s attempt at selling its Century City aircraft-leasing company to a consortium of Chinese investors has run into turbulence because a deposit payment was not received on schedule. AIG revealed in a...
  • Thank you, AIG?

    Thank you, AIG?
    Periodically, one comes across a jaw-dropping example of lawsuit abuse. The Good Samaritan gets sued for preventing a suicide, the robber takes the store clerk to court for fighting back, the B-list starlet sues because nobody watched her sex tape...
  • Hey, AIG: F*** You

    Hey, AIG: F*** You
    Hey there behemoth insurer, American International Group! Allow me to speak for nearly all Americans left, right, and center when I say get f***ed and go f***ing f*** yourself. Sorry, I usually try to keep such language to a minimum on this blog, but...
  • 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...