$2.4 Million
Total value of bonuses that have been withheld from dozens of senior managers at American International Group (AIG). The bonuses were due to be paid last month. AIG, which was rocked by scandal earlier this year when federal bailout money was used to pay bonuses to employees in the Financial Products unit, is working with Washington compensation czar Kenneth Feinberg on a number of issues surrounding the payments.
Was this article valuable?
Here are more articles you may enjoy.
Chubb Q1 Net Income Increases 74% on Fewer Catastrophe Losses 
Are ‘Moderate’ Hurricanes Getting Squeezed Out of the Atlantic? 
State Farm Paid a ‘Hail’ of a Lot of Claims in 2025 
Business Interruption Claims Arising From the Middle East Conflict From This Issue
