Christopher P. Garand | Insurance & Financial Advisor I IFAwebnews.com

Articles tagged “Christopher P. Garand”

Gen Re to pay $92 million to settle AIG, Prudential fraud allegations

01.21.2010 | By Keith L. Martin

National, Property-Casualty Insurance News

Berkshire Hathaway’s reinsurance unit, General Re, has entered into a deal with the U.S. Justice Department and the U.S. Securities and Exchange Commission to settle allegations it entered into sham reinsurance deals with both American International Group and Prudential Financial.

See more: AIG, Christopher P. Garand, Elizabeth Monrad, fraud, General Re, legal, Prudential, reinsurance, reserves, Robert D. Graham, Ronald E. Ferguson, SEC, settlements, U.S. Justice Department

Former General Re executive sentenced in AIG fraud case

09.21.2009 | By IFAwebnews Staff

Life Insurance News, National

A former senior vice president with reinsurer General Re will spend two years on probation and pay a $10,000 fine after pleading guilty to manipulating American International Group’s financial statements.

See more: AIG, Christian M. Milton, Christopher P. Garand, criminal, Elizabeth Monrad, fraud, General Re, legal, reinsurance, Richard Napier, Robert D. Graham, Ronald E. Ferguson

Former General Re chief financial officer sentenced in AIG case

04.10.2009 | By IFAwebnews Staff

Life Insurance News, National

The former chief financial officer of General Re was sentenced to 18 months in prison for her role in a fraudulent scheme to manipulate American International Group‘s financial statements.

Elizabeth A. … Read →