Different from our Agenda Magazine, which contains original articles and commentary on the insurance industry, our "El Blog" is the place to visit for current news and information. We search publications from across the country to bring you the latest articles impacting your business. You are encouraged to post your comments on the news stories presented here.

Friday, September 12, 2008

Greenberg To Pay $30M In Shareholder Settlement

Former American International Group Chief Executive Officer Maurice “Hank” Greenberg and other former AIG executives will kick in $29.5 million as part of a $115 million settlement with an institutional investor over allegations that AIG diverted business to a company subsidiary, depriving shareholders of the benefits of those earnings.

For the rest of the story, visit NU Online News Service (www.propertyandcasualtyinsurancenews.com)

posted by Don Lukenbill at 8:57 AM

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