Topic: American International Group Inc.

Don't Rush to Ditch Your AIG Policy

If you switch to another insurance company, you might have to pay a cancellation penalty and you could end up with higher premiums.Should I switch out of my AIG policy?Insurance regulators have been hearing reports of agents and brokers trying to get ...
FBI investigating possible fraud by Fannie, Freddie, Lehman, AIG and their executivesThe FBI is investigating four major U.S. financial institutions whose collapse helped trigger a $700 billion bailout plan by the Bush administration, The Associated Press has learned.Two law enforcement officials said ...

The Game of Concentration

The last two weeks have certainly been historic ones. We started with a universe of 5,699 funds and share classes that own fewer than 50 stocks. "These funds provide the octane in your portfolio," says Brett D'Arcy, director of investment and research ...
Conventional wisdom implores us to fill our retirement accounts with conservative index funds, but we live in a world where a $10,000 investment in the S&P 500 10 years ago would today be worth ... AIG - news - people ) and ...

AIG Launches Pollution Insurance

AIG), has introduced Contractors Pollution Liability Insurance for small and midsize businesses. "Small residential builders, roofers, and other types of general contractors frequently face exposure to environmental risks associated with their work or the work of subcontractors under their management," Brian Inselberg, ...
When American International Group's (AIG) former CEO Hank Greenberg said publicly that he was not responsible for the huge write downs of bad assets placed on the books during his reign, I only partially agree. Greenberg's point was that a company should ...
American International Group has agreed to acquire German insurance company Wurttembergische und Badische Versicherungs-AG (Wuba), its major subsidiary DARAG Deutsche Versicherungs- und Ruckversicherungs-AG (DARAG) and other subsidiaries from J.C. Flowers & Co. Terms of the agreement have not been disclosed.
Dow Plunges 387 on Deepening Fears About a Spreading Credit CrunchWall Street's deepening fears about a spreading credit crunch sent stocks plunging again Thursday, with the Dow Jones industrials extending their series of triple-digit swings and falling more than 380 points. The ...
American International Group late Wednesday reported second-quarter earnings that bested analysts' expectations despite losses in the subprime market, amid strength in its property and casualty and domestic life insurance businesses. AIG wrote down none of its $32.6B in subprime-linked securities after analysts ...