October 7, 2008
What AIG’s $85 Billion Bailout Means for Your D&O Insurance Policy: A Q&A with AIG Executive Liability
The Federal Reserve Board’s $85 billion bailout saved American International Group, Inc. (AIG) from the brink of bankruptcy, but many companies that purchase insurance from AIG (or more properly, one of the AIG Commercial Insurance companies) still have questions about what impact this bailout may have on their D&O insurance coverage.
To get answers to the questions we have heard most from policyholders, we “sat down” with four senior executives from AIG Commercial Insurance’s claims and underwriting departments.