How do i self insure my car!!!!!! is it still possible to escape the obvious grasp of these corporations???? Las Vegas, NV | July 18, 2009 2:05am. im 24 and have payed insurance for 8 years. not once have i been in a wreck(no lie). these companies take a monthly fee.
The American International Bailout In mid-September 2008, the U.S. government took control of American International Group (AIG), one of the world's largest insurance companies. Private lenders declined to loan money to the financially troubled firm, prompting the federal government to take control of the company and guarantee to loan it up to $85 billion.
The Holdings of American International Group include the operating entities and subsidiaries of insurance conglomerate American International Group (AIG) that operates in over 130 countries.IG's AIU Insurance unit has run a P&C insurance in the country since 1946, and is now the largest foreign nonlife insurer with 14,000 agents nationwide. In retail auto and L&H space, AIG owns American Home.