Seeking Alpha

NY contacts AIG about whether former units had licenses

  • AIG (AIG) has received requests for information from New York regulators about whether former AIG subsidiaries Alico and Delaware American operated in the area without the requisite licenses.
  • Authorities are also looking at whether the units, which AIG sold to MetLife (MET) in 2010, provided inaccurate information.
  • The requests to AIG adds to those that MetLife has received.
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