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CNNMoney: House passes Wall Street bonus taxupdated: Thu Mar 19 2009 15:47:00

The House of Representatives passed legislation Thursday to try to recoup bonuses paid to Wall Street executives with taxpayer money.

AIG CEO asks for bonuses backupdated: Thu Mar 19 2009 07:36:00

AIG CEO Edward Liddy says he has asked employees to return at least a part of their bonuses.

When did Geithner know about AIG bonuses?updated: Thu Mar 19 2009 07:36:00

AIG CEO Edward Liddy, testifying before Congress Wednesday, addressed one of the key questions surrounding the controversy over $165 million in executive bonuses at his company: When did government officials first learn of them?

'The buck stops with me'updated: Wed Mar 18 2009 22:51:00

President Obama says it is up to his administration to 'fix the mess' left by AIG and the banking system.

Obama blasts AIG bonuses, says 'I'll take responsibility'updated: Wed Mar 18 2009 22:51:00

President Obama said Wednesday he'll "take responsibility" for AIG executives receiving controversial bonuses while the company took $173 billion in government bailouts.

CNNMoney: Tug of war over AIG bonusesupdated: Wed Mar 18 2009 17:46:00

The controversy surrounding bonuses at American International Group boiled over Wednesday when the company said it asked some employees to give the money back, but lawmakers said they remained troubled about how the bailed out insurer is being managed.

Barney Frank: Ownership issue key to recouping AIG bonusesupdated: Wed Mar 18 2009 16:08:00

As the tide of outrage over AIG bonuses continued unabated Wednesday, a congressional committee became the epicenter of the issue as Edward Liddy, CEO and chairman of the troubled insurer, prepared to answer questions about executive bonuses.

Stimulus support slippingupdated: Wed Mar 18 2009 14:40:00

CNN's Bill Schneider takes a look at the polls and how support for President Obama's stimulus plan is holding up.

AIG boss has record of tough choices, successupdated: Wed Mar 18 2009 14:40:00

Edward Liddy, chief executive officer of American International Group, is known for straight talking, consistent profit-making and innovative thinking.

Stripping AIG bonusesupdated: Wed Mar 18 2009 14:27:00

Senate Democrats look to enact a new tax to strip $165M in bonuses from executives at AIG. CNN's Dana Bash reports.

Geithner: AIG must pay back bonus moneyupdated: Wed Mar 18 2009 00:17:00

Insurance giant AIG will have to return to the Treasury Department the $165 million it just paid out in executive bonuses, Treasury Secretary Timothy Geithner said Tuesday in a letter to congressional leaders.

CNNMoney: Bonus rage closes in on AIGupdated: Tue Mar 17 2009 08:35:00

Anger over $165 million in bonuses doled out to American International Group senior employees reached a fevered pitch on Monday, prompting the Obama administration to vow to recoup the money and a New York prosecutor to subpoena the firm for recipients' names.

AIG's insistence on bonuses raises ire in Washingtonupdated: Sun Mar 15 2009 17:29:00

White House officials and some members of Congress reacted strongly Sunday to news that insurance giant AIG had intended to pay out $165 million in bonuses and compensation. The company has received at least $170 billion in federal bailout money.

CNNMoney: AIG pledges to revamp bonusesupdated: Sun Mar 15 2009 08:57:00

Under pressure from the Treasury, insurance giant AIG - a recipient of at least $170 billion in federal bailout money - is scaling back bonuses and compensation for some of its top-earning employees.

Insurance bailout futureupdated: Sun Mar 15 2009 01:31:00

Should investors be worried about the financial strength of insurance companies? CNN's Mary Snow reports.

Treasury pressure leads to AIG scaling back bonusesupdated: Sun Mar 15 2009 01:31:00

Under pressure from the Treasury Department, insurance giant AIG plans to scale back bonuses and compensation for some of its top-earning employees.

Fortune: AIG's rescue has a long way to goupdated: Mon Dec 29 2008 10:46:00

Within insurance giant American International Group, but known to only a few people, is something irreverently called the "kill list."

CNNMoney: AIG chief slashes salary to $1updated: Tue Nov 25 2008 14:57:00

AIG Chief Executive Edward Liddy agreed to slash his annual salary to $1 as part of a series of voluntary pay restrictions by top executives tied to a massive $150 billion government bailout.

AIG CEO explains retreatupdated: Tue Nov 11 2008 22:19:00

The CEO of embattled AIG says his employees were attending an educational seminar, not a resort retreat.

Lawmaker says AIG executive should resign after resort eventupdated: Tue Nov 11 2008 22:19:00

A key Democratic lawmaker called Tuesday for the resignation of American International Group's CEO after the troubled insurer held a financial planners conference last week at a posh Arizona resort.

CNNMoney: AIG: Uncle Sam's do-overupdated: Mon Nov 10 2008 16:22:00

Troubled insurer American International Group got a reworked $152.5 billion deal from the federal government Monday, as the Federal Reserve and Treasury Department made significant changes to the terms of the company's original bailout.

CNNMoney: AIG freezes ex-CEO paymentsupdated: Wed Oct 22 2008 16:31:00

Troubled insurer American International Group - recipient of a more than $100 billion U.S. government bailout - agreed Wednesday to freeze $19 million in payments to former chief executive Martin Sullivan.

CNNMoney: AIG targets year-end for asset salesupdated: Mon Oct 20 2008 18:39:00

American International Group's CEO said Monday that the troubled insurer should start selling off pieces of its sprawling global business by year end.

CNNMoney: AIG to focus on property, casualty businessupdated: Fri Oct 03 2008 14:38:00

The beleaguered insurance giant AIG announced plans Friday to hold onto its property and casualty insurance businesses, while selling off the rest of the company to pay its massive debt to the federal government.

Fortune: Risky Businessupdated: Thu Nov 02 2006 10:51:00

Mary Alice and José Martín's bungalow survived Katrina - but got hit in June. That's when Allstate informed the couple that their home, a mile from the glistening Gulf of Mexico, would no longer be...

Fortune: Mother Nature ups the anteupdated: Thu Aug 24 2006 14:24:00

Mary Alice and José Martín's bungalow survived Katrina - but got hit in June. That's when Allstate informed the couple that their home, a mile from the glistening Gulf of Mexico, would no longer be covered for windstorm or hail. "Here it is the middle of hurricane season," Mrs. Martín fumes. "Who in the world is going to sell me a windstorm policy right now?"

CNNMoney: Allstate lets go of more policies in New Yorkupdated: Mon Feb 06 2006 12:22:00

Faced with over $3 billion in claims from the barrage of hurricanes last year, Allstate is going on the defensive by pulling out of of high-risk markets as the industry prepares for increasingly severe hurricanes over the next two decades.

CNNMoney: Solid insurance outlook in 2006updated: Fri Dec 30 2005 09:13:00

After facing a slew of insurance scandals, mounting catastrophe losses from Hurricane Katrina and the prospect of losing its terrorism insurance backstop, the insurance industry will hardly be sorry to bid adieu to 2005.

CNNMoney: War brewing over insurance coverageupdated: Fri Nov 18 2005 08:23:00

There's a war brewing in the insurance industry.

CNNMoney: Allstate CEO sees big rate hikes aheadupdated: Wed Nov 16 2005 11:22:00

Allstate will take its battle for higher rate increases in Florida to arbitration after regulators denied the company's request for an 18 percent hike, the company's top executive said Wednesday.

CNNMoney: Allstate to curb exposure in Gulf Coastupdated: Thu Oct 20 2005 14:24:00

Allstate, the largest publicly traded homeowners and auto insurer in the U.S., said it plans to scale back its exposure to the Gulf Coast homeowner's market following the devastation of hurricanes Katrina and Rita this summer.

CNNMoney: Report: Higher insurance rates possibleupdated: Tue Sep 06 2005 07:50:00

Homeowners and car owners across the U.S. may see a spike in their insurance premiums following Hurricane Katrina, according to a report in the Wall Street Journal.

Money Magazine: Is Allstate In Good Hands? The market hasn't thought much of Edward Liddy's tenure, but that could change.updated: Mon Jul 01 2002 00:01:00

When Edward Liddy became CEO of Allstate in January 1999, he embarked on a campaign to reinvigorate the nation's second-largest property and casualty insurer (behind State Farm). He cut costs, bega...

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