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Highlights

A collection of news and information related to American International Group published by this site and its partners.

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    Jun 18, 2013 |Column| Los Angeles Times
  1. Life insurers finally do the right thing on unclaimed death benefits

    Desiree Tibbets' mother died in 1995. Her father passed away four years later.
    Desiree Tibbets' mother died in 1995. Her father passed away four years later. Yet Tibbets, 39, never knew — and was never informed by her parents' life insurer, Prudential — that she was the sole beneficiary for their policies. "This is...

    Tags: Insurance, John Chiang, MetLife Incorporated

  2. Jun 17, 2013 |Story| Los Angeles Times
  3. Century City aircraft lessor inks $5-billion deal at Paris Air Show

    A Century City aircraft-leasing company has signed a contract with Airbus to purchase 50 single-aisle passenger jets in a deal worth about $5 billion at list price.
    A Century City aircraft-leasing company has signed a contract with Airbus to purchase 50 single-aisle passenger jets in a deal worth about $5 billion at list price. International Lease Finance Corp. announced the deal for the A320neo aircraft on...

    Tags: Embraer SA, SpaceX

  4. Jun 16, 2013 |Story| Reuters
  5. AIRSHOW-ILFC to place $5 bln order for 50 Airbus jets -sources

    Reuters
    PARIS, June 16 (Reuters) - International Lease Finance Corp is set to place an order for 50 Airbus A320neo narrowbody jets worth $5 billion at list prices, industry sources said on Sunday. The order by one of the world's largest aircraft leasing...

    Tags: Boeing Co.

  6. Jun 16, 2013 |Story| Reuters
  7. ILFC to place $5 billion order for 50 Airbus jets: sources

    Reuters
    PARIS (Reuters) - International Lease Finance Corp is set to place an order for 50 Airbus A320neo narrowbody jets worth $5 billion at list prices, industry sources said on Sunday. The order by one of the world's largest aircraft leasing companies could...

    Tags: Boeing Co.

  8. Jun 14, 2013 |Story| Reuters
  9. June ABS deal pipeline continues to be robust as 11 deals price

    Reuters
    By Charles Williams NEW YORK, June 14 (IFR) - June is living up to its reputation as one of the busiest months of the year for ABS issuance -- 11 deals priced this week for about US$5.5bn. Added to the US$2.8bn priced in the first week of the month, the...

    Tags: AAA, Goldman Sachs Group, Inc., AmeriCredit Corporation, Banking, Vehicles

  10. Jun 13, 2013 |Story| Reuters
  11. INTERVIEW-U.S. Senator Warren calls for tough cross-border swap rules

    Reuters
    By Sarah N. Lynch and Douwe Miedema WASHINGTON, June 13 (Reuters) - Democratic Senator and Wall Street critic Elizabeth Warren is urging federal regulators to "show some backbone" and stick to their proposal for how new derivatives rules will apply to...

    Tags: Justice System, Financial Markets, Elizabeth Warren, Carl Levin, JPMorgan Chase & Co.

  12. Jun 10, 2013 |Story| Hartford Courant
  13. High Court Reduces Payments To Victims of Fatal Hartford Nursing Home Fire

    The state Supreme Court Monday agreed with a subsidiary of insurance giant AIG and sharply limited the pool of money available to victims of a fire that killed 16 patients a decade ago at Greenwood Health Center, a former Hartford nursing home.
    The Hartford Courant
    The state Supreme Court Monday agreed with a subsidiary of insurance giant AIG and sharply limited the pool of money available to victims of a fire that killed 16 patients a decade ago at Greenwood Health Center, a former Hartford nursing home. Chief...

    Tags: Medical Specialization, Insurance, Nursing, Long Term Care, Substance Abuse

  14. Jun 10, 2013 |Story| Reuters
  15. BofA could still put Countrywide into bankruptcy, executive says

    Reuters
    By Karen Freifeld NEW YORK, June 10 (Reuters) - Bank of America Corp could put its Countrywide Financial unit into bankruptcy if it fails to win court approval for an $8.5 billion settlement with mortgage investors, a bank executive said on Monday....

    Tags: York (York, Pennsylvania), Financially Distressed Companies, Banking, Countrywide Financial Corp., Office of the Comptroller of the Currency

  16. Jun 7, 2013 |Column| Allentown Morning Call
  17. If John Paulson wins on Fannie Mae, America loses

    For years, the White House and many lawmakers have been saying the government needs to put Fannie Mae and Freddie Mac out of their misery. Yet they live on. And now their stock charts look like electrocardiograms. Both companies' common shares are up...

    Tags: Politics, White House, Barack Obama, Freddie Mac, Economy, Business and Finance

  18. Jun 6, 2013 |Story| Reuters
  19. Witness lifts veil on BofA settlement negotiations

    Reuters
    By Karen Freifeld NEW YORK, June 6 (Reuters) - Mortgage bond investors got "the best deal that was available" when they agreed to an $8.5 billion settlement with Bank of America Corp in 2012, an executive who helped negotiate the deal said Thursday. The...

    Tags: York (York, Pennsylvania), Financially Distressed Companies, Justice System, Banking, Countrywide Financial Corp.

  20. Jun 6, 2013 |Story| Reuters
  21. FACTBOX-U.S. to see $1.03 bln from GM stock sale in TARP wind-down

    Reuters
    June 5 (Reuters) - The U.S. Treasury said on Thursday its sale of 30 million shares of General Motors Co, part of a much larger stake that it acquired in its $50 billion bailout of the automaker, is expected to reap $1.03 billion. At the conclusion of the...

    Tags: General Motors Corp., U.S. Congress, Federal Bailout Funds, Citigroup Incorporated, Automotive Equipment

  22. Jun 3, 2013 |Story| Reuters
  23. Comienza proceso judicial sobre acuerdo por 8.500 mln dlrs con Bank of America

    Reuters
    Por Karen Freifeld NUEVA YORK, 3 jun (Reuters) - El acuerdo extrajudicial de 8.500 millones de dólares propuesto por Bank of America con inversores en valores de hipotecas que se tornaron tóxicas ofrece miles de millones de dólares más de lo que...

    Tags: Banking, Countrywide Financial Corp., Bank of New York Company, MetLife Incorporated, Allianz AG Holding

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