American general insurance company
washingtonpost.com - Insurance
Insurance
- Buffett Briefed on AIG Deal
Billionaire investor Warren E. Buffett told state and federal investigators in an interview Monday that he was briefed on a transaction between a unit of his Berkshire Hathaway Inc. holding company and insurance giant American International Group Inc., sources said. - AIG Probes Renew Debate On Regulation
Multiple investigations of accounting practices and questionable deals at American International Group Inc. and New York state Attorney General Eliot L. Spitzer's ongoing investigation of insurance industry practices are rekindling a long-running debate about who should police insurance companies. - AIG in Damage Control
In the past four days the big insurer has warned investors about a $1.7B reduction in capital, pushed out its chairman of the past four decades and disclosed that deals under federal investigation were "improper."
