Tag: AIG life insurance

AIG Life Insurance is Back, Receives A 4.5 Star Review

PR Article
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San Diego CA, October 22 -The independent life insurance review website for consumers, TopLifeInsuranceReviews.com has just awarded AIG Life Insurance (American General) an overall rating of 4.5 stars out of 5. The review was based on the insurer’s competitive pricing, consumer friendly underwriting guidelines and their ability to meet future contractual obligations. “Based on our research, we found AIG to be a top tier life insurance company,” said Brian, the editor of TopLifeInsuranceReviews.com. “We were impressed with AIG’s pricing and their niche underwriting, in particular their rates for applicants with…

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Life insurance dispute to be settled as AIG agrees to pay over $300 million

AIG Insurance Industry Marketing

This money will go to the U.S. states involved in the massive disputes. According to the finance office in California, American International Group (AIG) will be making payouts totaling over $300 million in order to settle a dispute with several different states regarding unclaimed life insurance payments. The payment will be split among 39 different U.S. states as well as Washington D.C. This single agreement regarding property that remained unclaimed from AIG will require the life insurance company to pay more than $300 million that is owed on a tremendous…

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AIG makes $972 million repayment to the Treasury

Nordstrom

American International Group (AIG) has made a $972 repayment on its bailout loan to the United States Treasury in its latest effort to bring down its total debt to the federal government. This most recent repayment has brought the owed amount on the taxpayer-funded bailout from 2008 down to approximately $50 billion. At the peak of the financial crisis, AIG was provided with a bailout of $182 billion by way of the Troubled Asset Relief Program. The insurer also borrowed money from the Federal Reserve, but has repaid all but…

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