Mobile UPI  |   About UPI  |   UPI en Español  |   UPI Arabic  |   UPIU  |   My Account
Search:
Go

Business News

SENATOR ON AIG EXECS: QUIT OR COMMIT SUICIDE...

Mar. 16, 2009
SENATOR ON AIG EXECS: QUIT OR COMMIT SUICIDE...(Third column, 3rd story, link)Related stories:REWARDING FAILURE...AIG Faces Pressure From Obama, Subpoena From Cuomo Over Employee Bonuses...Stocks Erase Rally Over Credit Concerns...
Related Stories from UPI.com
AIG sale a $308 million pittance

AIG sale a $308 million pittance

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.

Former AIG execs settle suit for $115m

WILMINGTON, Del., Dec. 18 (UPI) -- Former executives of American International Group Inc. agree to pay the Teachers Retirement System of Louisiana $115 million to settle a lawsuit.

Ad exploiting AIG's troubles prompts fine

DULUTH, Minn., Oct. 24 (UPI) -- An insurance agency in Minnesota agreed to pay a $3,000 fine after placing ads exploiting American International Group Inc.'s financial troubles.
Fed extends $37.8 billion more to AIG

Fed extends $37.8 billion more to AIG

WASHINGTON, Oct. 8 (UPI) -- The U.S. Federal Reserve said it extended American International Group's line of credit by another $37 billion Wednesday.

Talks under way to rescue AIG

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.

Former executive says AIG is in crisis

NEW YORK, May 12 (UPI) -- The head of American International Group's largest shareholder group and former company chief executive Maurice Greenberg said AIG is in crisis.

AIG buys marine insurance business

NEW YORK, Oct. 3 (UPI) -- American International Group Inc. has purchased the U.S. ocean marine business of Arch Insurance Co.

AIG names new chairman

NEW YORK, Sept. 20 (UPI) -- American International Group Inc. named Robert B. Willumstad as chairman of the big insurance conglomerate.

General Re, AIG execs indicted

WASHINGTON, Feb. 2 (UPI) -- A U.S. grand jury indicted three former officials of Berkshire Hathaway Inc.'s General Re unit and a former American International Group Inc.

AIG may lose more execs

NEW YORK, May 16 (UPI) -- New York's big insurance company, American International Group Inc., plans to force out several top executives in coming weeks.
1 of 28
Lori Anne Madison, 6, competes in Scripps National Spelling Bee
View Caption
Lori Anne Madison, 6, of Woodbridge, Virginia, spells out the letters in her word as she competes during the opening round of the Scripps National Spelling Bee, May 30, 2012, in National Harbor, Maryland. Madison, the youngest known qualifier in the history of the contest, correctly spelled the word "dirigible*", a lighter-than-air aircraft, to advance. UPI/Mike Theiler