Articles tagged “Ronald E. Ferguson”

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

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.

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Former General Re executive sentenced in AIG fraud case

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.

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Former General Re chief financial officer sentenced in AIG case

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 →

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Insurance executive sentenced for role in AIG scheme that cost shareholders $500 million

01.09.2009 | By Tony Ondrusek
Trade Talk

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‘s financial statements, …  Read →

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