AIG’s Zaffino: Outcomes From AI Use Went From ‘Aspirational’ to ‘Beyond Expectations’ February 23, 2026 By Chad Hemenway American International Group said it made substantial progress in artificial intelligence within the last year, and the technology’s outcomes and...
India’s Parliament OKs Bill to Raise Foreign Direct Investment in Insurance to 100% December 18, 2025 By Nikunj Ohri India’s parliament on Wednesday approved a bill to raise foreign direct investment in the insurance sector to 100% from 74%,...
Delay in Upping Its Claims Offer Could Cost AIG, Federal Appeals Court Says August 7, 2025 By Andrew G. Simpson AIG could pay dearly for refusing to budge on a claim settlement offer of $2.65 million for nearly a year...
AerCap Can Recover Over $1B, Court Rules in Case Over Jets ‘Lost’ in Russia June 12, 2025 By Sam Tobin The world’s largest aircraft lessor AerCap can recover over $1 billion in relation to jets stuck in Russia since the...
AIG Settles Lawsuit Against E&S Rival Dellwood and Former Employees May 23, 2025 Global insurer American International Group has reached an out of court settlement of its legal dispute with the excess and...
Oklahoma High Court Claims Ruling: Insurer Must Provide Direct Renewal Notice to Named Insured February 28, 2025 By Ezra Amacher After a fire broke out at an Oklahoma motel in June 2020, the property owner submitted a loss claim to...
AIG Q4 General Insurance Underwriting Income Down 29% on Catastrophes February 13, 2025 By Chad Hemenway American International Group reported fourth quarter 2024 net income of $898 million compared to $86 million the prior year, but...
Global Insurers Fight London Court Battle Over Jets ‘Lost’ in Russia October 2, 2024 By Kirstin Ridley and Sam Tobin Insurers are playing “pass the liability parcel” in a desperate fight against multi-billion dollar claims over aircraft stranded in Russia...
Insurers Dispatch Wildfire Crews to Save California Homes November 14, 2018 By Katherine Chiglinsky and Claire Ballentine California’s raging wildfires are so bad that American International Group Inc., Chubb Ltd., and PURE are deploying teams of specialists...
AIG May Be More Exposed to Storm Losses After Reinsurer Acquisition October 11, 2018 By Katherine Chiglinsky American International Group Inc.’s Brian Duperreault spent his first year as chief executive officer on a rebuilding effort, and his...