bill cosby legal insurance

AIG requests more time before Bill Cosby legal fee payout

The insurance company is seeking more time because its appeal about an April ruling is still pending. AIG has asked for more time before being…

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Smart contract insurance partnership launches between AIG and IBM

The insurer and tech giant will use blockchain for managing complex forms of international coverage. American International Group (AIG) and International Business Machines (IBM) are…

AIG Insurance company CEO - Building in Manhattan

AIG insurance company CEO steps down following huge loss

Peter Hancock has opted to leave his current position with the insurer following a tremendous loss. It has been only three weeks since the report…

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Will insurance industry giants continue to be “too big to fail”?

A new memo is currently circulating to propose legislation removing that status from massive insurers. Representative Jeb Hensarling (R-Texas) is circulating a memo to remove…

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Two-tier insurance company capital standards proposed by Fed

The concept is to treat exceptionally large firms differently from others within the industry. The Federal Reserve proposed new insurance company capital standards as a…

AIG Insurance company CEO - Building in Manhattan

AIG crowdfunding insurance will be among the company’s next offerings

In order to assuage the concerns of investors, this coverage will help to protect them from being ripped off by startups. The American International Group…