Rating Agencies Respond To AIG Fed Deal
By Arthur D. PostalStandard & Poor's Ratings Services and Fitch Ratings are welcoming the government financing American International Group Inc. has arranged while expressing uncertainty about the terms.S&P, ...
September 17, 2008
USA To Acquire AIG (With Updates)The Federal Reserve Board says the U.S. government will be getting a 79.9% stake in American International Group Inc. in exchange for the Federal Reserve ...
September 16, 2008
Genworth Adds LTC Partnership PoliciesA large long term care insurance player is rolling out products that coordinate with the Medicaid programs in Minnesota and Colorado.Genworth Financial Inc., Richmond, Va., ...
September 16, 2008
McLaughlin To Lead SOAMembers of the Society of Actuaries have elected S. Michael McLaughlin to be president of the group during the 2009-2010 term.McLaughlin will start by serving ...
September 16, 2008
Agencies Downgrade AIGFour rating agencies have cut the ratings they have assigned to American International Group Inc.- Standard & Poor's Ratings Services, New York, cut its long-term ...
September 15, 2008
New York Lets AIG Reallocate Assets (Updated)New York Gov. David Paterson, D, said today during a press conference that New York regulators will let American International Group Inc. use $20 billion ...
September 14, 2008
Section 79: It's Not Just For Term InsuranceInternal Revenue Code Section 79 has typically been thought of in connection with group term insurance. Now that is changing. Ironically, recent IRS pronouncements that ...
September 14, 2008
Section 79: It's Not Just For Term InsuranceInternal Revenue Code Section 79 has typically been thought of in connection with group term insurance. Now that is changing. Ironically, recent IRS pronouncements that ...