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><channel><title>IFAwebnews &#187; General Re</title> <atom:link href="http://ifawebnews.com/tag/general-re/feed/" rel="self" type="application/rss+xml" /><link>http://ifawebnews.com</link> <description>The nation’s homepage for insurance industry news</description> <lastBuildDate>Fri, 25 May 2012 14:29:10 +0000</lastBuildDate> <language>en</language> <sy:updatePeriod>hourly</sy:updatePeriod> <sy:updateFrequency>1</sy:updateFrequency> <generator>http://wordpress.org/?v=3.3.2</generator> <item><title>AIG to pay $725 million to settle Ohio class-action securities case</title><link>http://ifawebnews.com/2010/07/20/aig-to-pay-725-million-to-settle-ohio-class-action-securities-case/</link> <comments>http://ifawebnews.com/2010/07/20/aig-to-pay-725-million-to-settle-ohio-class-action-securities-case/#comments</comments> <pubDate>Tue, 20 Jul 2010 13:58:33 +0000</pubDate> <dc:creator>Bob Graham</dc:creator> <category><![CDATA[Life Insurance News]]></category> <category><![CDATA[Midwest]]></category> <category><![CDATA[National]]></category> <category><![CDATA[New York]]></category> <category><![CDATA[Northeast]]></category> <category><![CDATA[AIG]]></category> <category><![CDATA[class action]]></category> <category><![CDATA[fraud]]></category> <category><![CDATA[General Re]]></category> <category><![CDATA[Hank]]></category> <category><![CDATA[OH]]></category> <category><![CDATA[pension funds]]></category> <category><![CDATA[Richard Cordray]]></category> <category><![CDATA[securities]]></category><guid
isPermaLink="false">http://ifawebnews.com/?p=18672</guid> <description><![CDATA[American International Group has agreed to pay $725 million to settle a class-action suit in Ohio regarding allegations of “wide-ranging fraud” involving public pension funds, according to Ohio Attorney General Richard Cordray.<p><a
href="http://ifawebnews.com/2010/07/20/aig-to-pay-725-million-to-settle-ohio-class-action-securities-case/">AIG to pay $725 million to settle Ohio class-action securities case</a> via <a
href="http://ifawebnews.com">IFAwebnews</a>.</p> ]]></description> <wfw:commentRss>http://ifawebnews.com/2010/07/20/aig-to-pay-725-million-to-settle-ohio-class-action-securities-case/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>Judge: N.Y. has ‘devastating,’ ‘strong’ case against Hank Greenberg</title><link>http://ifawebnews.com/2010/04/21/judge-n-y-has-devastating-strong-case-against-hank-greenberg/</link> <comments>http://ifawebnews.com/2010/04/21/judge-n-y-has-devastating-strong-case-against-hank-greenberg/#comments</comments> <pubDate>Wed, 21 Apr 2010 12:59:47 +0000</pubDate> <dc:creator>IFAwebnews Staff</dc:creator> <category><![CDATA[Life Insurance News]]></category> <category><![CDATA[National]]></category> <category><![CDATA[New York]]></category> <category><![CDATA[Northeast]]></category> <category><![CDATA[AIG]]></category> <category><![CDATA[Berkshire Hathaway]]></category> <category><![CDATA[Charles Ramos]]></category> <category><![CDATA[criminal]]></category> <category><![CDATA[Eliot Spitzer]]></category> <category><![CDATA[fraud]]></category> <category><![CDATA[General Re]]></category> <category><![CDATA[Hank Greenberg]]></category> <category><![CDATA[legal]]></category> <category><![CDATA[reinsurance]]></category> <category><![CDATA[ronald ferguson]]></category><guid
isPermaLink="false">http://ifawebnews.com/?p=15309</guid> <description><![CDATA[A New York Supreme Court justice has called the state’s case against former American International Group executive Maurice “Hank” Greenberg, alleging fraud over a reinsurance transaction, both “devastating” and “strong.”<p><a
href="http://ifawebnews.com/2010/04/21/judge-n-y-has-devastating-strong-case-against-hank-greenberg/">Judge: N.Y. has ‘devastating,’ ‘strong’ case against Hank Greenberg</a> via <a
href="http://ifawebnews.com">IFAwebnews</a>.</p> ]]></description> <wfw:commentRss>http://ifawebnews.com/2010/04/21/judge-n-y-has-devastating-strong-case-against-hank-greenberg/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>Gen Re to pay $92 million to settle AIG, Prudential fraud allegations</title><link>http://ifawebnews.com/2010/01/21/gen-re-to-pay-92-million-to-settle-aig-prudential-fraud-allegations/</link> <comments>http://ifawebnews.com/2010/01/21/gen-re-to-pay-92-million-to-settle-aig-prudential-fraud-allegations/#comments</comments> <pubDate>Thu, 21 Jan 2010 14:21:22 +0000</pubDate> <dc:creator>Keith L. Martin</dc:creator> <category><![CDATA[National]]></category> <category><![CDATA[Property-Casualty Insurance News]]></category> <category><![CDATA[AIG]]></category> <category><![CDATA[Christopher P. Garand]]></category> <category><![CDATA[Elizabeth Monrad]]></category> <category><![CDATA[fraud]]></category> <category><![CDATA[General Re]]></category> <category><![CDATA[legal]]></category> <category><![CDATA[Prudential]]></category> <category><![CDATA[reinsurance]]></category> <category><![CDATA[reserves]]></category> <category><![CDATA[Robert D. Graham]]></category> <category><![CDATA[Ronald E. Ferguson]]></category> <category><![CDATA[SEC]]></category> <category><![CDATA[settlements]]></category> <category><![CDATA[U.S. Justice Department]]></category><guid
isPermaLink="false">http://ifawebnews.com/?p=11289</guid> <description><![CDATA[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.<p><a
href="http://ifawebnews.com/2010/01/21/gen-re-to-pay-92-million-to-settle-aig-prudential-fraud-allegations/">Gen Re to pay $92 million to settle AIG, Prudential fraud allegations</a> via <a
href="http://ifawebnews.com">IFAwebnews</a>.</p> ]]></description> <wfw:commentRss>http://ifawebnews.com/2010/01/21/gen-re-to-pay-92-million-to-settle-aig-prudential-fraud-allegations/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>Berkshire Hathaway unit strikes reinsurance deal with Swiss Re</title><link>http://ifawebnews.com/2010/01/19/berkshire-hathaway-unit-strikes-reinsurance-deal-with-swiss-re/</link> <comments>http://ifawebnews.com/2010/01/19/berkshire-hathaway-unit-strikes-reinsurance-deal-with-swiss-re/#comments</comments> <pubDate>Tue, 19 Jan 2010 14:10:03 +0000</pubDate> <dc:creator>IFAwebnews Staff</dc:creator> <category><![CDATA[Life Insurance News]]></category> <category><![CDATA[National]]></category> <category><![CDATA[Berkshire Hathaway]]></category> <category><![CDATA[Christian Mumenthaler]]></category> <category><![CDATA[GEICO]]></category> <category><![CDATA[General Re]]></category> <category><![CDATA[NE]]></category> <category><![CDATA[reinsurance]]></category> <category><![CDATA[Swiss Re]]></category> <category><![CDATA[Warren Buffett]]></category><guid
isPermaLink="false">http://ifawebnews.com/?p=11103</guid> <description><![CDATA[A unit of Berkshire Hathaway has struck a $1.3 billion deal with Swiss Re for a block of the company’s individual life reinsurance business where it will receive premiums, but also be liable for up to $1.5 billion in claims.<p><a
href="http://ifawebnews.com/2010/01/19/berkshire-hathaway-unit-strikes-reinsurance-deal-with-swiss-re/">Berkshire Hathaway unit strikes reinsurance deal with Swiss Re</a> via <a
href="http://ifawebnews.com">IFAwebnews</a>.</p> ]]></description> <wfw:commentRss>http://ifawebnews.com/2010/01/19/berkshire-hathaway-unit-strikes-reinsurance-deal-with-swiss-re/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>Ratings agencies put GEICO, Gen Re under watch over railroad deal</title><link>http://ifawebnews.com/2009/11/10/ratings-agencies-put-geico-gen-re-under-watch-over-railroad-deal/</link> <comments>http://ifawebnews.com/2009/11/10/ratings-agencies-put-geico-gen-re-under-watch-over-railroad-deal/#comments</comments> <pubDate>Tue, 10 Nov 2009 13:30:45 +0000</pubDate> <dc:creator>IFAwebnews Staff</dc:creator> <category><![CDATA[National]]></category> <category><![CDATA[Property-Casualty Insurance News]]></category> <category><![CDATA[A.M. Best]]></category> <category><![CDATA[assets]]></category> <category><![CDATA[Berkshire Hathaway]]></category> <category><![CDATA[Burlington Northern Santa Fe]]></category> <category><![CDATA[economy]]></category> <category><![CDATA[Fitch Ratings]]></category> <category><![CDATA[GEICO]]></category> <category><![CDATA[General Re]]></category> <category><![CDATA[National Indemnity]]></category> <category><![CDATA[NE]]></category> <category><![CDATA[ratings]]></category><guid
isPermaLink="false">http://ifawebnews.com/?p=8509</guid> <description><![CDATA[A pair of rating agencies is keeping its eyes on three Berkshire Hathaway subsidiaries as the company looks to acquire a majority share in the Burlington Northern Santa Fe railroad.<p><a
href="http://ifawebnews.com/2009/11/10/ratings-agencies-put-geico-gen-re-under-watch-over-railroad-deal/">Ratings agencies put GEICO, Gen Re under watch over railroad deal</a> via <a
href="http://ifawebnews.com">IFAwebnews</a>.</p> ]]></description> <wfw:commentRss>http://ifawebnews.com/2009/11/10/ratings-agencies-put-geico-gen-re-under-watch-over-railroad-deal/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>Former General Re executive sentenced in AIG fraud case</title><link>http://ifawebnews.com/2009/09/21/former-general-re-executive-sentenced-in-aig-fraud-case/</link> <comments>http://ifawebnews.com/2009/09/21/former-general-re-executive-sentenced-in-aig-fraud-case/#comments</comments> <pubDate>Mon, 21 Sep 2009 10:55:04 +0000</pubDate> <dc:creator>IFAwebnews Staff</dc:creator> <category><![CDATA[Life Insurance News]]></category> <category><![CDATA[National]]></category> <category><![CDATA[AIG]]></category> <category><![CDATA[Christian M. Milton]]></category> <category><![CDATA[Christopher P. Garand]]></category> <category><![CDATA[criminal]]></category> <category><![CDATA[Elizabeth Monrad]]></category> <category><![CDATA[fraud]]></category> <category><![CDATA[General Re]]></category> <category><![CDATA[legal]]></category> <category><![CDATA[reinsurance]]></category> <category><![CDATA[Richard Napier]]></category> <category><![CDATA[Robert D. Graham]]></category> <category><![CDATA[Ronald E. Ferguson]]></category><guid
isPermaLink="false">http://ifawebnews.com/?p=6654</guid> <description><![CDATA[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.<p><a
href="http://ifawebnews.com/2009/09/21/former-general-re-executive-sentenced-in-aig-fraud-case/">Former General Re executive sentenced in AIG fraud case</a> via <a
href="http://ifawebnews.com">IFAwebnews</a>.</p> ]]></description> <wfw:commentRss>http://ifawebnews.com/2009/09/21/former-general-re-executive-sentenced-in-aig-fraud-case/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>Former General Re chief financial officer sentenced in AIG case</title><link>http://ifawebnews.com/2009/04/10/former-general-re-chief-financial-officer-sentenced-in-aig-case/</link> <comments>http://ifawebnews.com/2009/04/10/former-general-re-chief-financial-officer-sentenced-in-aig-case/#comments</comments> <pubDate>Fri, 10 Apr 2009 06:20:48 +0000</pubDate> <dc:creator>IFAwebnews Staff</dc:creator> <category><![CDATA[Life Insurance News]]></category> <category><![CDATA[National]]></category> <category><![CDATA[AIG]]></category> <category><![CDATA[Christian M. Milton]]></category> <category><![CDATA[Christopher P. Garand]]></category> <category><![CDATA[criminal]]></category> <category><![CDATA[Elizabeth Monrad]]></category> <category><![CDATA[fraud]]></category> <category><![CDATA[General Re]]></category> <category><![CDATA[legal]]></category> <category><![CDATA[reinsurance]]></category> <category><![CDATA[reserves]]></category> <category><![CDATA[Robert D. Graham]]></category> <category><![CDATA[Ronald E. Ferguson]]></category> <category><![CDATA[SEC]]></category><guid
isPermaLink="false">http://ifamedia.com/news/?p=1031</guid> <description><![CDATA[<p>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&#8216;s financial statements.</p><p>Elizabeth A.  ...&#160;&#160;<a
href="http://ifawebnews.com/2009/04/10/former-general-re-chief-financial-officer-sentenced-in-aig-case/">Read&#160;&#8594;</a><p><a
href="http://ifawebnews.com/2009/04/10/former-general-re-chief-financial-officer-sentenced-in-aig-case/">Former General Re chief financial officer sentenced in AIG case</a> via <a
href="http://ifawebnews.com">IFAwebnews</a>.</p> ]]></description> <wfw:commentRss>http://ifawebnews.com/2009/04/10/former-general-re-chief-financial-officer-sentenced-in-aig-case/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> <item><title>Insurance executive sentenced for role in AIG scheme that cost shareholders $500 million</title><link>http://ifawebnews.com/2009/01/09/insurance-executive-sentenced-for-role-in-aig-scheme-that-cost-shareholders-500-million/</link> <comments>http://ifawebnews.com/2009/01/09/insurance-executive-sentenced-for-role-in-aig-scheme-that-cost-shareholders-500-million/#comments</comments> <pubDate>Fri, 09 Jan 2009 20:32:08 +0000</pubDate> <dc:creator>Tony Ondrusek</dc:creator> <category><![CDATA[Trade Talk]]></category> <category><![CDATA[AIG]]></category> <category><![CDATA[General Re]]></category> <category><![CDATA[general re corp]]></category> <category><![CDATA[Ronald E. Ferguson]]></category> <category><![CDATA[ronald ferguson]]></category><guid
isPermaLink="false">http://blog.ifawebnews.com/?p=278</guid> <description><![CDATA[<p>According to IFAwebnews.com, Ronald E. Ferguson, former CEO of General Re Corp., was sentenced to two years in prison for his role in a fraudulent scheme to manipulate AIG&#8216;s financial statements,  ...&#160;&#160;<a
href="http://ifawebnews.com/2009/01/09/insurance-executive-sentenced-for-role-in-aig-scheme-that-cost-shareholders-500-million/">Read&#160;&#8594;</a><p><a
href="http://ifawebnews.com/2009/01/09/insurance-executive-sentenced-for-role-in-aig-scheme-that-cost-shareholders-500-million/">Insurance executive sentenced for role in AIG scheme that cost shareholders $500 million</a> via <a
href="http://ifawebnews.com">IFAwebnews</a>.</p> ]]></description> <wfw:commentRss>http://ifawebnews.com/2009/01/09/insurance-executive-sentenced-for-role-in-aig-scheme-that-cost-shareholders-500-million/feed/</wfw:commentRss> <slash:comments>0</slash:comments> </item> </channel> </rss>
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