Aig Stories
AIG Names New CEO, Breaks Up Its Insurance Business
AIG names new CEO, breaks up its insurance business
Could The US Government Take Equity Stakes In Coronavirus-Stricken Companies It Bails Out?
Trump and some of his top officials have endorsed the idea of the federal government taking equity stakes in companies it aids.
Bill Cosby Update: Why The Comedian Dropped His Defamation Suit Against Seven Women Accusers?
Bill Cosby has dropped his defamation suit against seven women that have accused the comedian of sexual assault.
Bill Cosby Update: Another Accuser’s Lawsuit Settled Without Cosby’s Consent
Bill Cosby claims that his insurance company has settled another lawsuit filed by one of his accusers without his consent.
Las Vegas Casinos, Aware Of Mass Shooting Risks, Lobbied For Insurance
Federal officials, gaming operators and security experts saw Las Vegas as vulnerable to a mass shooting. Mandalay Bay's parent company even warned investors that “certain acts could expose us to substantial uninsured losses.”
Wall Street Money Behind New Bill To Repeal Dodd-Frank Act Reforms
Amid the furor over health care, a bill to roll back many of the biggest financial reforms in recent memory cleared its House committee Thursday, with plenty of financial support from Wall Street giants.
Climate Change Health Risks: Are Insurance Companies Taking Global Warming Seriously?
Climate change poses a variety of risks to public health but health insurance companies don't seem to be worried yet.
Former AIG Chief Maurice Greenberg Must Face New York Fraud Trial
The state could seek to recoup from Maurice Greenberg and a co-defendant tens of millions of dollars in bonuses and interest covering the 2000-2005 period when the alleged fraud occurred.
American International Group Inc. (AIG) Q1 2016 Revenue, Profit Forecast To Drop
The American insurer is expected to report earnings of $1 per share on revenue of $13.57 billion in the three-month period ending March 31.
NY Judge Clears Pimco To Pursue California Lawsuit Against AIG
Pacific Investment Management says the insurer caused big losses by lying about its subprime mortgage exposure before its 2008 bailout.
American International Group Inc (AIG) Unveils Restructuring Plans, Stops Short Of Breakup
The U.S. insurance giant said Tuesday that it will conduct an IPO of its mortgage-insurance unit and cut costs.
Big Bank Breakups: Who Needs Bernie Sanders When You’ve Got Dodd-Frank?
With higher regulatory costs in the U.S. and falling revenue, big Wall Street financial institutions could become more vulnerable to calls to slim down.
AIG Shakeup: Analysts Signal Caution As CFO Exits In Management Overhaul
CFO David Herzog was one of four executives to announce an exit Thursday amid mounting pressure from activist investors to streamline operations.
AIG To Axe Senior Executives In Bid To Deflect Pressure From Carl Icahn, Q3 Profits Slide
The insurer is scrambling to shore up shareholder sentiment after billionaire investor Carl Icahn accused the management of lagging behind its peers.
Former AIG CEO Robert Benmosche Has Died At 70
The former chief executive, who led AIG out of the financial crisis, was 70.
Companies Sign Secret Tax Deals With Luxembourg: Report
The companies appear to have channeled hundreds of billions of dollars through Luxembourg and saved billions of dollars in taxes.
Geithner Blasts AIG Irresponsibility At Bailout Trial: 'The World Was Burning Around Them'
Timothy Geithner said that AIG deserved the strict treatment he handed out.
AIG Trial: Geithner Said Bailout Was Necessary To Avoid Catastrophe
Timothy Geithner was president of the Federal Reserve Bank of New York during the AIG bailout.
Former AIG CEO Maurice Greenberg's Lawsuit Against US Government Goes To Trial
Maurice Greenberg claims that the terms of the $182 billion bailout of AIG were too onerous and harmed shareholders.
AIG Boosting Washington Lobbying Effort As Hiatus Prompted By Crisis Ends
Almost six-and-a-half years after it ceased such efforts, following a U.S. government bailout, the insurer returns to lobbying lawmakers.
AIG Names Peter Hancock New CEO After Robert Benmosche Retires
Peter Hancock will replace Robert Benmosche as AIG's new CEO on Sept. 1.
American International Group Inc (AIG) Earnings Preview: Q4 Profit Growth Jumps On Easy Comparisons
AIG will likely deliver strong earnings growth in Q4 2013, as the year-earlier period was hit by Superstorm Sandy losses.
AIG To Sell Aircraft Leasing Business In $5.4 Billion Deal
AIG will sell its last non-core business as it finally finds a buyer for its aircraft leasing business.
Stock Futures Hint At Lower Open As FOMC Statement Leaves Investors Divided; Earnings, Jobless Claims Data Too In Focus
Market's direction could depend on which interpretation of the FOMC’s comments sticks, while earnings too will have an impact on stocks.
American International Group Inc. (NYSE:AIG) Earnings Preview: Q3 Profit Likely To Surprise On The Upside
AIG is expected to report better-than-forecast Q3 earnings, helped by a strong equity market and low catastrophe losses.
In American History, The National Debt Has Been Largely Ignored -- Until Now
The national debt may be a big political issue today, but it has rarely played a significant role in American life.
Banks - A Better US Banking System: Two-Tier Banking
The current U.S. banking system subsidizes too many risk decisions, and that has to change.
AIG Announces First Dividend Since 2008 Bailout
AIG, nearly wiped out by derivative bets five years ago, authorized the repurchase of $1 billion in stock after profit jumped 17 percent.
U.S. Regulators Propose To Term AIG, Prudential, GE Capital As ‘Systemically Important,’ Place Them Under Tighter Federal Scrutiny
Regulators voted to term AIG, Prudential Financial and GE Capital as "systemically important" and place them under increased scrutiny.
Wal-Mart, AIG, Dell, Hewlett-Packard: Earnings Reports To Watch, Feb. 18-22
Here's your handy earnings-report watchlist for this week.