Hankerin’ for a Fight
“Hank Greenberg was mad. He was angry.”
鈥擳heodore Wells, lawyer for AIG, addressing jurors in the civil trial against ex-AIG head Maurice “Hank” Greenberg. Greenberg stands accused of plundering $4.3 billion in stock from the company in 2005 after his ouster as CEO. The shares, which had been earmarked for bonuses, were owned by the Greenberg-controlled holding company, Starr International.
Was this article valuable?
Here are more articles you may enjoy.
Data Centers Offer a Potential $10 Billion Windfall for Insurers
Connecticut High Court: Injured Rental Car Occupants Covered for Uninsured Motorist
Trump Approves Disaster Requests for at Least 7 States; Others Wait
Verisk: Insurance Claims Volume Fell to 5-Year Low in 2025 


