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Initial public response to the program, when introduced by New York State, had fewer participants than expected. [1] EPIC [6] was established in 1986 to help income-eligible seniors with the high costs of prescription drugs; Paul E. Harenberg, Chairman of the New York State Assembly Committee on Aging, held hearings. It soon became obvious that ...
Twenty AIG subsidiaries are licensed to do business in Pennsylvania, including National Union Fire Insurance Co. in Pittsburgh, believed to be the second largest AIG underwriter in the nation. Other subsidiaries include New Hampshire Insurance, Insurance Company of the State of Pennsylvania, Granite State Insurance and New Hampshire Indemnity. [11]
The lobby of AIG's headquarters in the American International Building.. The AIG bonus payments controversy began in March 2009, when it was publicly disclosed that the American International Group (AIG) insurance corporation was going to pay approximately $218 million (~$301 million in 2023) [1] in bonus payments to employees of its financial services division.
If you're senior on a limited income, you may qualify for Spectrum’s Internet Assist program, which provides download speeds up to 50 Mbps for $24.99 per month. While this isn’t as big a ...
He was also responsible for expanding and profitably executing AIG's commercial and consumer strategies. [33] [44] Zaffino was also appointed to AIG's executive leadership team [43] in 2017. [42] He was hired by AIG's new CEO Brian Duperreault, [6] who had been CEO of Marsh & McLennan Companies from 2008 [3] to 2012. [42]
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In October 2000, some Wall Street analysts questioned the decline in American International Group (AIG) loss reserves. [10] In an effort to quell these concerns, AIG entered into two sham reinsurance transactions with Cologne Re Dublin, a subsidiary of General Reinsurance, that had no economic substance but were designed to add $500 million in phony loss reserves to AIG’s balance sheet in ...
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