Miami Herald (Free subscription) | 9 hours ago
Chalk's Ocean Airways, the former seaplane venture, and its insurer have both sued the manufacturer of the Grumman Mallard aircraft, saying it was defective and dangerous, causing the 2005 crash that killed all 20 people onboard.
The UK Housing Bubble (Free subscription) | 06/01/2009
The Federal reserve has just begun publishing the credit extended to the troubled US insurer - AIG. The company wobbled when Lehman Brothers were declared bankrupt. The data offers both bad and good news. The amount of credit peaked at $80 billion. However, AIG's dependence on Fed largesse also seems to have stabilised at an unacceptably high level of $40 billion.
Mondo Visione (Free subscription) | 06/01/2009
The target weights for the Dow Jones - AIG Commodity IndexSM (DJ-AIGCI (SM) ) to be implemented in January 2009 and originally published on August 13, 2008 are repeated below. The 2009 target weights were originally approved by the Dow Jones-AIG Commodity Index Supervisory Committee in August 2008.
Trendfo.com Hottest Trends (Free subscription) | yesterday
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SeekingAlpha ETFs (Free subscription) | yesterday
IndexUniverse submits: The Dow Jones - AIG Commodity Index, which serves as the underlying benchmark for several popular index mutual funds and exchange-traded funds, is going through its annual rebalancing. While gasoline and natural gas will slip some from last year's weightings, crude oil's ranks will gain. So will wheat, copper and nickel, to name a few. Complete Story »
Law Blog - WSJ.com (Free subscription) | 06/01/2009
Maurice R. "Hank" Greenberg, the former chief executive of American International Group Inc., said he might have considered bidding for the firm's HSB Group Inc. unit if he had known it would be sold for $742 million."We believed that it would never be sold for under a billion plus," said Mr. Greenberg in an interview.Mr. Greenberg's comments Tuesday came a day after he sent a letter to the insurer's...
Forbes (Free subscription) | 06/01/2009
Former CEO says dismemberment plan won't work.
Tzvee's Talmudic Blog (Free subscription) | 06/01/2009
I've been getting direct calls and emails from good and sincere people who are livid about the scale and pervasiveness of corruption in the Jewish community in particular and in the financial community at large. They want to know what they can do about it. I really don't want to think right now about the ramifications of pervasive evil. It hurts me to consider that side of human society. But after...
Business Wire (Free subscription) | 06/01/2009
CINCINNATI--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) has been wallowing near hypothetical support at zero since September 2008, when the U.S. government swooped in and bailed out the ailing
Market Watch (Free subscription) | 06/01/2009
The near-collapse of American International Group and investment losses from the global financial crisis have pushed reinsurance prices higher, which may bode well for profits at other, financially stronger companies in the industry.
Forbes (Free subscription) | 06/01/2009
Insurer's former chief pens scalding critique of subsidiary sale.
InsuranceTech (Free subscription) | 06/01/2009
Kimberly Hanna is named EVP and COO of firm.
24/7 Wall St. (Free subscription) | 06/01/2009
Financial stocks may have enjoyed sizable bounces from their lows in November and December, but not all analysts are following them up. The insurer sector and... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Business Wire (Free subscription) | 06/01/2009
NEW YORK--(BUSINESS WIRE)-- AIG Commercial Insurance, today announced that it will service all casualty insurance coverage for the public sector through its Lexington Insurance Company unit. Specifically, effective
The Telegraph (Free subscription) | 06/01/2009
Insurance giant AIG has hired veteran Wall Street rainmaker Ken Moelis to find a buyer for the International Lease Finance Corporation ILFC one of the world's largest aircraft leasing businesses.
