Topic: Insurance Carriers
Hartford Financial selling $3B in securities
AP News
Hartford Financial selling $3.05B in securities in plan to repay $3.4B from federal bailoutHartford Financial Services Group Inc. said Tuesday it will sell $3.05 billion in securities as part of its plan to repay the $3.4 billion it received under the federal financial bailout. The financial ...
Ex-AIG employees might sue over lower payouts
Reuters US Online Report Business News
NEW YORK (Reuters) - Several former American International Group Inc <AIG.N> employees might sue the insurer after it gave them less retention bonus money than they should have received, their lawyers said on Monday. AIG is holding back $21 million from retention bonuses for current and former employees ...
Obama aide puts moral case to health insurers
AFP American Edition
Barack Obama's top health official made a tough moral case to insurance giants Wednesday: put people and patriotism before profits and drop opposition to the president's overhaul plans. Health and Human Services Secretary Kathleen Sebelius braved an industry conference two days after Obama issued a stinging attack on ...
AIG aircraft unit debt offering has strength
AP News
AIG aircraft unit's loan sales garner demand; to provide add'l funding ahead of possible saleInternational Lease Finance Corp., the aircraft-leasing unit of American International Group Inc., is looking to raise $1.3 billion in loan offerings as it seeks new funds to help repay some of its debt ...
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