Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: American International Group
Current Parent Company: American International Group
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $900,000
Year: 2009
Date: September 8, 2009
Offense Group: employment-related offenses
Primary Offense: wage and hour violation
Violation Description: American International Group paid an additional $900,000 for reconciliations of premiums not yet paid out. The payment is part of an ongoing reconciliation of premiums and residual market payouts stemming from the insurer's settlement of Big Dig workers compensation insurance premium issues with the Attorney General's Office.
Level of Government: state
Action Type: agency action
Agency: Massachusetts Attorney General
Civil or Criminal Case: civil
Facility State: Massachusetts
HQ Country of Current Parent: USA
HQ State of Current Parent: New York
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: insurance
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.