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Berkshire Hathaway also will receive warrants to purchase $5 billion of common stock with a strike price of $115 per share, which is exercisable at any time for a five-year term.
September 24 -
Experts predict a sale of AIG operations in Asia will benefit Aflac Inc. and Prudential Financial Inc. on the Japanese side, and Prudential UK in the non-Japanese Asian countries.
September 23 -
Users send a short messaging service with qualification information and get a reply with confirmation of the coverage.
September 23 -
After making key acquisitions, the software giant officially unveils an insurance unit.
September 23 -
AIG works quickly to shore up support and stave off panic as its leadership transitions and the marketplace repsonds.
September 22 -
As AIG looks to resolve its liquidity problems, some potential buyers are eyeing its diverse group of life insurance businesses.
September 19 -
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Companies agree business process management is important, but they lack discipline and structure.
September 18 -
The bill reforms the way agents and brokers are licensed.
September 18 -
Holding company oversight system back in spotlight
September 18 -
The onus is on CIOs to understand the business and communicate ITs benefits in a way that solves business problems. Many are finding success by first providing metrics that the business can relate to, and then managing the CEOs expectations.
September 18 -
The National Association of Insurance Commissioners has established a working group to oversee AIG insurance interests, and to ensure that policyholders of the insurance subsidiaries remained protected.
September 17 -
As the government assumes control of the company, the specter of new regulation rises.
September 17 -
An $85 billion bailout loan gives the government 80% equity interest in the insurance giant.
September 17 -
Late Tuesday, the Federal Reserve Board made an unprecedented move to rescue American International Group Inc., giving the U.S. government a 79.9% stake in the failing company.
September 16 -
The support and maintenance has been extended over the next 28 months, and continues the growth of a business partnership that began in 2003.
September 16 -
Pinnacle Life, Allied North America and Harleysville Insurance win first, second and third place in Insurance Networking News 2008 INNovators Award.
September 16 -
Standard & Poor's, Moody's, Fitch and AM Best all have downgraded AIG's credit rating.
September 16 -
Total losses are expected to make the hurricane the third-most expensive in history.
September 15 -
New York Governor says the company will be permitted to access $20 billion
September 15



