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Insurance News
11/1/2009 10:10:56 AM EST
LexisNexis Workers' Compensation Law Center Staff
Deadline for States to Opt into AIG Comp Settlement Now Delayed to 12/31/2009

As reported in Business Insurance, dissatisfaction among state regulators over the terms of American International Group's 2006 agreement to pay $343 million to resolve allegations that it underreported workers' compensation premiums to states, has led to long delays to settle the matter, with the deadline now being extended to 12/31/2009 for states to opt into the agreement. 

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