Maurice Greenberg, the former chairman and chief executive officer of American International Group Inc., is one of the individuals who was invited to testify Oct. 7 before the House Oversight Committee....Read article
Fed: AIG Insurance Subs Can Tap Credit Line
10/2/2008
BY ARTHUR D. POSTAL
American International Group Inc. has authority from the Federal Reserve Board to use the agency’s credit facility to provide liquidity for its insurance operating subsidiaries, the Fed says....Read article
Paulson Plan Hits Turbulence
9/23/2008
Congressional leaders are raising questions about efforts by the Bush administration to hurry a $700 billion rescue plan bill through Congress....Read article
NAFA Exec Lobbies Against Rule Change
10/2/2008
The National Association of Fixed Annuities is continuing to battle against a U.S. Securities and Exchange Commission effort to classify indexed annuities as securities....Read article
Birnbaum Calls Paulson Comments Orwellian
9/23/2008
BY JIM CONNOLLY
A consumer advocate is blasting efforts by U.S. Treasury Secretary Henry Paulson to blame state regulators for the events that led to the takeover of American International Group Inc....Read article
Paulson Calls For Federal Insurance Oversight
9/23/2008
BY ARTHUR D. POSTAL
While testifying on the federal institution rescue plan, Treasury Secretary Henry Paulson today repeated calls for creation of a federal insurance regulatory system....Read article