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Losses North America United States

AIG faces policyholder suit

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California policyholders of AIG have sued the US government-controlled insurer in state court in Los Angeles, accusing the company of engaging in “ongoing, unlawful, deceptive and unfair business practices” and acting as an “unregulated hedge fund”.

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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