IFAwebnews » Hank Greenberg

AIG pays $150 million settlement for multiple derivative litigations

Jaime L. Brockway — Thu, 03 Feb 2011 07:36:24 +0000

American International Group’s (AIG) directors and officers' insurers will pay $150 million to resolve legal disputes with former company executives.

AIG pays $150 million settlement for multiple derivative litigations via IFAwebnews.

Benmosche drives Coca-Cola truck, AIG with hands firmly on the wheel

Tony Ondrusek — Tue, 28 Dec 2010 16:54:39 +0000

In the latest good news for the previously troubled company, IFAwebnews.com reports that AIG has entered into three bank credit facilities for $1.5 billion, under the guidance of CEO and knight in shining armor, Robert Benmosche.

Benmosche drives Coca-Cola truck, AIG with hands firmly on the wheel via IFAwebnews.

AIG investors ask Del. court to let suit against insurer go forward

Jaime L. Brockway — Mon, 27 Dec 2010 11:22:45 +0000

American International Group (AIG) investors, who were barred from suing companies that conspired with AIG executives in an alleged bid-rigging scheme, should be able to sue those companies, lawyers for the investors told the U.S. Supreme Court recently.

AIG investors ask Del. court to let suit against insurer go forward via IFAwebnews.

Former AIG CEO to run new Willis business unit

IFAwebnews Staff — Thu, 09 Sep 2010 11:33:46 +0000

Martin Sullivan, a former American International Group chief executive, has been chosen to run a new insurance brokerage business for Willis Group, the third largest insurance broker.

Former AIG CEO to run new Willis business unit via IFAwebnews.

Judge: N.Y. has ‘devastating,’ ‘strong’ case against Hank Greenberg

IFAwebnews Staff — Wed, 21 Apr 2010 12:59:47 +0000

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.”

Judge: N.Y. has ‘devastating,’ ‘strong’ case against Hank Greenberg via IFAwebnews.

Federal judge allows Ohio pension funds to take AIG to trial

Keith L. Martin — Wed, 24 Feb 2010 16:10:19 +0000

Ohio’s attorney general says a federal court ruling granting class-action status for three of the state’s pension funds against American International Group is “a substantial step closer to justice.”

Federal judge allows Ohio pension funds to take AIG to trial via IFAwebnews.

Hank Greenberg says AIG can shake off federal control and rise again

Tony Ondrusek — Tue, 12 Jan 2010 20:43:47 +0000

First, Eliot Spitzer painted a target on his back, says Hank Greenberg. Then, with the bailout of AIG, the fed hoped that it would be able to bring the company ... Read →

Hank Greenberg says AIG can shake off federal control and rise again via IFAwebnews.

Greenberg gets legal fees, Benmosche gets millions, AIG is in balance

Tony Ondrusek — Mon, 30 Nov 2009 21:04:16 +0000

Hank Greenberg and the company that he built into a behemoth, AIG, have stopped throwing sand and have agreed to play nicely in the sandbox.

Representatives of both have signed documents ... Read →

Greenberg gets legal fees, Benmosche gets millions, AIG is in balance via IFAwebnews.

AIG, Greenberg reach accord to end lawsuits against one another

Keith L. Martin — Mon, 30 Nov 2009 14:17:18 +0000

After nearly four years of legal wrangling, former American International Group chief executive officer Maurice “Hank” Greenberg and his ex-employer have agreed to resolve their differences.

AIG, Greenberg reach accord to end lawsuits against one another via IFAwebnews.

Benmosche, Greenberg, air AIG’s dirty personnel laundry

Tony Ondrusek — Thu, 12 Nov 2009 21:55:21 +0000

First, Hank Greenberg denied that he was “stealing” top talent from AIG and hiring them at his new company. (click herefor story) Greenberg asserted that AIG itself and government intervention ... Read →

Benmosche, Greenberg, air AIG’s dirty personnel laundry via IFAwebnews.