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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 78-88
  • 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...
  • Bank of America voted least popular; satisfaction at 11-year low

    Bank of America voted least popular; satisfaction at 11-year low
    Customers last year were not pleased with Bank of America and its many fees, giving the institution its lowest satisfaction score since 2000. The score of 66 on a scale of 100 is 3% lower than the bank’s tally in 2010, according to the American...
  • For the record

    Pilates gear: In the Dec. 8 Saturday section, two photos with an article about yoga and Pilates equipment were switched. The photo with the item about the PeakPilates PilatesStick Basic Kit Package, a door-mounted exercise system, was actually of the...
  • Local thrift officer accused in stock fraud by SEC

    Federal securities regulators allege an executive at Eastern Savings Bank in Hunt Valley participated in a fraudulent short-selling scheme involving his personal brokerage firm, according to a complaint filed Monday. In an administrative case, the U.S....
  • Obama's faith-based liberalism

    Obama's faith-based liberalism
    Rick Santorum's assertion that President Barack Obama's agenda is not about the quality of life or jobs but "some phony ideal. Some phony theology" may not be an appropriate characterization of his religious views. However, it is an accurate description...
  • Hartford CEO: We Looked For Buyers That Would Value Our Employees

    As The Hartford sells off lines of business this year, CEO Liam E. McGee said Tuesday, company executives have worked to minimize job losses. Hundreds of employees at the company — Connecticut's largest insurance employer — will at least have...
  • Bernanke and GOP tell state and local governments: Don't ask for help

     
    If financially struggling states and municipalities were still thinking they might get some direct help from the Federal Reserve, Chairman Ben S. Bernanke pretty much quashed that idea last week. In testimony on Friday before the Senate Budget Committee,...
  • Federal Reserve posted record profit of $78.4 billion last year

     
    The Federal Reserve announced Monday it made a record $78.4 billion profit in 2010 as the central bank's unprecedented intervention into the financial system continued to produce a side benefit to the federal government. The profit, which is paid to......
  • AIG moves closer to bailout repayment as Treasury closes stock-conversion deal

     
    Bailed-out insurance giant American International Group on Friday moved closer to repaying the government for its rescue, completing a stock conversion deal with the Treasury Department that is key to unwinding the federal stake in the company. The...
  • Wall Street Roundup: AIG's new bankers. JPMorgan's military problem.

     
    Gold: Trading now at $1,370 per ounce, down 0.1% from Tuesday. Dow Jones industrial average: Trading now at 11,856.71, up 0.2% from Tuesday. AIG's new banks. AIG chose the two biggest American banks and Goldman Sachs to manage its upcoming......
  • Scott names new DMS chief

     
    Gov. Rick Scott today announced he's named John P. “Jack” Miles, a retired purchasing executive who now lives in Winter Park, as his new secretary of the Department of Management Services. In a release, Scott said that Miles — most...