AIG will issue 75 million warrants on Jan. 19 to shareholders of record Jan. 13. Shareholders who exercise the warrants stand to gain 36 percent if AIG’s stock price retains its current level of about $61.
Then-Attorney General Andrew Cuomo said the companies collected too much in surcharges on premiums from policyholders after the state Workers’ Compensation Board in 2000 changed the way it calculates annual fees.
Representatives of the NFL, the NFLPA and the four equipment companies that make every helmet worn in the league all say there is no such thing as a football helmet that eliminates concussions.
The players union has rejected a proposal from the NFL on long-term care for former players, saying the supplemental policy would exclude too many of them.
AIG said it closed its sale of American Life Insurance Co. Monday to MetLife Inc. for $16.2 billion. It said last week that it raised $20.51 billion through an initial public offering for AIA Group Ltd.
The new health care law wasn’t supposed to undercut employer plans that have provided most people in the U.S. with coverage, but last week a leading manufacturer told workers their costs will jump partly because of the law.