Edition:
United States

Suzanne Barlyn

Mar 24 2017

AIG executives meet analysts to push resiliency message

NEW YORK American International Group Inc executives have been meeting with investors and analysts to build confidence in the insurer and its turnaround plan amid uncertainty over a replacement for outgoing Chief Executive Officer Peter Hancock.

Mar 21 2017

Trump's cut to flood map program could trigger insurance rate hikes -group

A proposal by the Trump administration to cut $190 million in funding for updating U.S. maps of flood-prone areas would trigger higher insurance rates or more homebuilding in risky locations, a consumer group said on Monday.

Mar 20 2017

Trump's cut to flood map program could trigger insurance rate hikes: group

A proposal by the Trump administration to cut $190 million in funding for updating U.S. maps of flood-prone areas would trigger higher insurance rates or more homebuilding in risky locations, a consumer group said on Monday.

Mar 09 2017

AIG CEO to resign after dismal earnings, successor unclear

American International Group Inc said on Thursday its Chief Executive Peter Hancock will step down, a decision he made after poor financial performance frustrated shareholders and the insurer's board of directors.

Mar 09 2017

AIG CEO Hancock to resign, successor unclear

American International Group Inc said on Thursday Chief Executive Peter Hancock will step down, a decision he made after a string of poor financial performance frustrated shareholders and the insurer's board of directors.

Mar 07 2017

Insurer Lincoln Financial settles with New York regulator

Insurer Lincoln Financial Group has paid $50.7 million to policyholders for lost insurance claims as part of a settlement, New York State's financial regulator said on Tuesday.

Feb 27 2017

Icahn representative to several corporate boards has left firm, eyes starting own fund

Samuel Merksamer, who represents billionaire Carl Icahn on several corporate boards, has exited the activist investor's firm and a source familiar with his plans said that he is exploring launching his own hedge fund.

Feb 23 2017

AIG sees uncertainty in 'too-big-to-fail' label for insurers: filing

Insurance giant American International Group sees "considerable uncertainty" about U.S. regulations that deem non-bank financial institutions as being too big to fail, given the recent change in White House administrations, according to a filing.

Feb 23 2017

AIG reaches $50 million pact to sell Vermont ski slope

(In this Feb. 21 story, corrects location of Vail Resorts Inc to Broomfield, Colorado, instead of Brookfield)

Feb 22 2017

Prudential may hit Wells Fargo for account scandal costs-filing

Feb 22 Prudential Financial Inc, the target of probes and lawsuits related to whether Wells Fargo & Co retail bankers improperly sold its insurance, may press the bank to cover costs it has run up because of the flap, according to a filing.

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