17-02-2017 00:53 via insuranceinsider.com

Greenberg ends epic battle with NY AG over AIG deals

Maurice "Hank" Greenberg quietly put an end to 12
years of arguments, appeals and court appearances today as the
former AIG boss foreclosed on what promised to be the insurance
trial of a generation.
The final coda came after New York Supreme Court Judge Charles
Ramos in Manhattan approved a $9.9mn settlement that state Attorney
General Eric Schneiderman had hammered out with Greenberg and
former AIG CFO Howard Smith.
With the accord, the prosecutor and the two executives resolved
civil...
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