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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 89-99
  • Harold A. 'Red' Poling dies at 86; former Ford chairman and CEO

    Harold A. 'Red' Poling dies at 86; former Ford chairman and CEO
    Harold A. "Red" Poling, a former Ford Motor Co. chairman and chief executive officer who helped lead the automaker through two recessions, has died. He was 86. Poling died Saturday at his home in Pacific Grove, on the Monterey Peninsula, the Dearborn,...
  • 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...
  • Robert B. Reich: How Wall Street is trying to avoid U.S. oversight

    Robert B. Reich: How Wall Street is trying to avoid U.S. oversight
    While all eyes are on the Supreme Court and Obamacare, a quieter battle is being waged against the president's other major initiative, the Dodd-Frank financial reform act. Wall Street has already watered down or delayed most of Dodd-Frank. Now it wants...
  • Stock buybacks fall for second consecutive quarter

    Stock buybacks fall for second consecutive quarter
    American companies are getting a bit hesitant about buying back their own stock. Share repurchases by large companies fell in the first three months of this year, the second consecutive quarter of declining buybacks, according to Standard & Poor’...
  • 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...
  • 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...
  • Mudslide lawsuit settled for $1.1M

    A subsidiary of insurance giant American International Group has agreed to pay Glendale $1.1 million to settle a lawsuit brought by the city in an attempt to recoup roughly $15.5 million it was forced to spend in the aftermath of a destructive 2005...
  • 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...
  • 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...