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AIG cancels $8m worth of junkets to appease New York attorney general

Following a meeting with the New York State attorney general Andrew Cuomo, AIG chief executive officer and chairman Edward Liddy has agreed to take several significant actions with respect to expenditures at AIG.

Following what was described "a candid discussion" in a joint discussion, the attorney general laid out his serious concerns regarding executive compensation issues and exorbitant expenses at AIG.

The

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Q&A: Richard King, Ticker

Richard King, founder and CEO of Ticker, discusses the journey from being a telematics “market maker” when it first launched to building a sustainable telematics MGA in the current landscape.

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