AIG Renegotiates Federal Loan Terms To Buy More Time, Lower Interest Rates
November 17, 2008 BY DANIEL HAYS AND MARK E. RUQUET
News about AIG again dominated the headlines, as the carrier renegotiated its federal bailout loan, reported a third-quarter loss of $24.5 billion and denied that its property-casualty carriers are recklessly cutting prices to maintain market share, or that its life insurance subsidiaries are still splurging for lavish producer junkets.
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Securities Class-Actions Not Abating Despite Loss Of Top Plaintiff Litigator
November 17, 2008 BY SUSANNE SCLAFANE
Securities lawsuits are showing no signs of abating despite the imprisonment of one of the nation’s busiest class-action lawyers, while election results might bolster plaintiff cases next year, legal experts warned professional liability underwriters meeting at the recent PLUS conference.
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