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

 
 Volume/Number:  2012 June 13 
 Issuing Agency:   
 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. 
 Date Created:  06 13 2012 
 Agency ID:  650**12 
 ISL ID:  000000044047   Original UID: 23574 FIRST WORD: Department