AIG News

Business News: Liberty Mutual, AIG, Consolidated Claims Group

Liberty Mutual Eliminating Over 600 roles in New Hampshire Liberty Mutual has announced it is cutting about 620 positions in New Hampshire. Foster’s Daily Democrat reports the insurance company announced the decision earlier this week. Liberty Mutual says many workers …

Business News: AIG, Willis Towers Watson, Betterview

AIG Introduces Blackboard, New Brand for Data Enabled, Digital Subsidiary American International Group, Inc. introduced Blackboard, the new brand name and logo for its technology-focused subsidiary, formerly operating under the Hamilton USA brand. AIG completed the acquisition of Hamilton USA …

People News: Paradigm Outcomes, The Hartford, AIG

Paradigm Outcomes, a provider of catastrophic and complex care management solutions, recently announced the appointment of John Watts Jr. to chief executive officer position. Watts, who will retain his position on the Board of Directors, will lead the company’s strategic …

People News: MedRisk, Starr Companies, AIG, Arch Capital Group

MedRisk Promotes Ryan to CEO Mike Ryan has been promoted to chief executive officer and president of MedRisk, a managed care company specializing in physical rehabilitation within workers’ compensation. Founder Shelley Boyce is maintaining an active role as executive chairman. …

Americans Most Worried About Hacking Risk of Driverless Cars

U.S. residents are “polarized” on whether to embrace driverless cars, according to a survey by insurer American International Group Inc. The 1,000 people polled were almost equally split on whether they were comfortable sharing the road with autonomous vehicles, with …

Federal Regulators Remove AIG From Tougher Oversight

A panel of federal regulators has voted to remove insurance giant American International Group from the tougher government oversight that had been imposed on the company in the wake of its near collapse in 2008. The Financial Stability Oversight Council …

Business News: AIG, Allianz, Aon

AIG Announces Changes to its Organizational Structure American International Group, Inc. announced it’s plan to make changes to its organizational structure. The company will no longer have Commercial and Consumer segments, and will transition to: General Insurance, led by Peter …

Industry Offers Donations, Free Tools to Victims of Hurricane Harvey and Irma

Nearly three weeks after Hurricane Harvey caused massive flooding in Texas and a week after Irma began taking aim at Florida, insurers and vendors are offering aid to hurricane victims in various ways. Recent reports estimate flood damage resulting from …

People Moves: Navigators, EMC, AIG

Ryan Appointed President, Navigators Specialty Casualty Tim Ryan has been promoted to president, Specialty Casualty. In his new role, he will be responsible for strategy and execution of Navigators’ Specialty Casualty product offerings in the wholesale market space. Ryan, who …

People News: Marsh, PDC, AIG

Marsh Appoints Durvasula Chief Digital Officer, Chief Data Analytics Officer Marsh announced the appointment of Sastry Durvasula to the newly created role of chief digital officer and chief data & analytics officer, effective August 14, 2017. He will be based …