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Department of Insurance Receives More than $3 Million in AIG Settlement for Misreporting Workers Compensation Premiums

Publication Descriptor Page: Department of Insurance Receives More than $3 Million in AIG Settlement for Misreporting Workers Compensation Premiums (2012, June 13) [650**12] - Electronic Documents of Illinois

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Department of Insurance Receives More than $3 Million in AIG Settlement for Misreporting Workers Compensation Premiums (2012, June 13) [650**12]

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  1. Department of Insurance Receives More than $3 Million in AIG Settlement for Misreporting Workers Compensation Premiums (061312INSAIGSettlement.doc)

 

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Description

Illinois Department of Insurance Director Andrew Boron today announced Illinois has received $3,760,657 as a result of a multi-state settlement agreement with American International Group, Inc., (AIG) for incorrect reporting of workers compensation premiums. A multi state investigation examined whether AIG violated premium reporting rules governing workers compensation insurance.

 

Issuing Agency

Illinois Information Service

Contact

Organization: Illinois Department of Insurance
320 W. Washington Street
Springfield, IL 62767-0001
 
Phone: 217-782-4515

Document Descriptive Information

File Data

  • Language(s): EN-English
  • Creation Date (from issuing agency): 06 13 2012
  • Document Modification Date (from issuing agency): 06 13 2012
  • Date Accepted Into Depository: Fri, 24 Aug 2012 16:55:46 UTC
  • Checksum Algorithm: MD5 SHA1
  • Document File Checksum:
    • 061312INSAIGSettlement.doc - checksum='3785807356' byte count= '132608'