Violation Tracker Individual Record

Company: 
American International Group
Current Parent Company: 
American International Group
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 Parent: 
USA
HQ State of Parent: 
New York
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
financial services
Specific Industry of Parent: 
insurance
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.