American International Group (AIG)
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AIG to America: Thanks — and you've been served!
Just days after rolling out a campaign thanking America for its bailout, AIG now says it may be forced to sue the U.S. government over -- you guessed it -- the bailout.
Benmosche: Treasury may sell remaining stake in AIG by end of the year
The U.S. Treasury Department may sell the rest of its holdings in insurer American International Group Inc. (AIG) before 2013, Chief Executive Officer Robert Benmosche said. The stock dropped as much as 4.3 percent.
Why Bruce Berkowitz's bullish stance on AIG is paying off
The following is excerpted from the July issue of “No-Load Fund Analyst” newsletter published by Litman Gregory.
Star adviser who bolted Royal Alliance says AIG bosses 'didn't understand culture'
Meg Green, who left Royal Alliance for Sterne Agee, says bosses at former parent company AIG 'didn't understand culture'.
Woodbury reps set to cash in: recruiters
Recruiters say management at Woodbury Financial, which is being acquired by AIG's broker-dealer, has doubled down on retention packages in a bid to keep reps in their seats.
AIG unit could be next VA powerhouse
As insurers put the brakes on variable annuity sales, an old rival is emerging as a potential powerhouse in the business.
After Woodbury, AIG on the prowl for more indie B-Ds
While other insurers sell off their indie broker-dealer units, AIG is buying. Indeed, Tuesday's acquisition of Woodbury Financial looks to be the first in what could be a string of deals.
AIG emerges as most likely buyer of Woodbury Financial Services
Announcement of a deal for the 1,600 reps and advisers is expected before indie B-D's national sales conference next month
Surprise suitor emerging in sale of Woodbury
A surprise suitor has emerged in the sale of Woodbury, The Hartford's indie B-D
Dead man's life policy finally pays off
Life insurers have paid $52.6 million in death benefits since New York's banking and insurance regulator forced the companies to use government data to identify cases where they didn't pay claims.
'AIG' no longer MIA as insurer revives name in commercial
Once-demonized carrier slowly restoring its brand; 'even Charlie Sheen got another shot'
FSC finds replacement for Schlafly
Murphy previously served as EVP at AIG's Advisor Group; Schlafly resigned suddenly in March
MetLife says 30 jurisdictions are auditing unpaid benefits
State regulators are intensifying a probe into unpaid benefits after Florida Insurance Commissioner Kevin McCarty said in May that insurers may be keeping at least $1 billion in unclaimed funds.
Boomers not interested in rocking chair retirement
Younger boomers more optimistic about their finances but acknowledge that they will have to work some in retirement
SagePoint Financial back on offense with Spectrum Capital purchase
After struggling during the darkest days of the credit crisis, SagePoint Financial Inc., which is owned by American International Group Inc., is back to playing offense, today closing a purchase of the assets of Spectrum Capital Inc.
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February 27, 2014