Regulators Complain That AIG Is Not Using Funds To Underprice Insurance.

  American International Group (AIG) does not appear to be using federal bailout funds to lower its insurance prices to keep and attract business, state and federal officials told a House subcommittee. Orice M. Williams, director of Financial Markets and Community Investment for GAO (Government Accountability Office), and Pennsylvania Insurance Commissioner Joel Ario, representing the NAIC, however, [...] Related posts:IBC/Highmark Merger Proposal WithdrawnPennsylvania's Children's Health Insurance Program To Be Promoted During ?Cover the Uninsured? WeekRegulators Find Fault With People's Trust - A Home Insurer