WASHINGTON, March 2 (UPI) -- U.S. insurance giant AIG said it lost $61.65 billion in the fourth quarter, a sharp about-face from fourth quarter 2007, when the company gained $5.2 billion.
WASHINGTON, March 1 (UPI) -- An insurance trade group says U.S. government bailouts for American International Group Inc. must not be used by the firm for competitive advantages.
NEW YORK, Jan. 14 (UPI) -- U.S. insurance giant American International Group's sale of AIG Life Insurance of Canada is a small step in its recovery process, an analyst said.
NEW YORK, Nov. 15 (UPI) -- American International Group Inc. says it will distribute $503 million in deferred compensation to its employees, removing an incentive for them to quit.
WASHINGTON, Nov. 12 (UPI) -- U.S. President George Bush would consider more aid for automakers if Congress acts, but isn't inclined to use Wall Street bailout funds, a spokeswoman said.
WASHINGTON, Nov. 7 (UPI) -- U.S. banks participating in the $700 billion financial bailout plan should not continue lobbying in Washington, an influential advocacy group leader said.
NEW YORK, Nov. 3 (UPI) -- The financial plight of American International Group seems unabated by the company's $143 billion in U.S. bailout funds, one expert said.
WASHINGTON, Oct. 8 (UPI) -- A trip to a posh California resort by bailout beneficiary AIG drew the ire of a House panel chairman and a rebuke from the Democratic presidential candidate.
NEW YORK, Sept. 18 (UPI) -- New York and Pennsylvania insurance regulators will work with American International Group Inc. to unload the firm's insurance assets, officials said.
NEW YORK, Sept. 16 (UPI) -- Executives of AIG, the giant insurance firm teetering on the brink of collapse, Tuesday held emergency meetings at the New York Federal Reserve, officials said.