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.
AIG: What does this US giant do? American International Group (AIG) is one of the world's biggest insurance firms, but it has fallen spectacularly from grace in recent months. Although it provides services to millions of people across the world, it recently announced the biggest quarterly loss in corporate history.