Agreement between AIG and former CEO Greenberg on hold
Lawyer Stuart Grant, representing Louisiana pension funds, has asked Delaware Judge Leo Strine Jr. for a 10-day delay of the AIG-Greenberg accord, saying it may nullify his claims, Bloomberg reports.
The fund sued Maurice “Hank” Greenberg and other AIG officials in 2004. Grant fears the new agreement between AIG and Greenberg means Delaware officials “could assert that the claims against them have been released,” and “for no consideration,” Grant wrote.
AIG lawyer Mark Hurd told Strine that Grant is mistaken, and the agreement with Greenberg “does not extinguish the shareholder plaintiffs’ claims in this action.”
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The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
