American General Life Insurance Company: An Overview

Known oftentimes as AIG for short, American General Life And Accident Insurance Company is not named thus because they offer their insurance to American Generals. In this particular situation, this word general is referring to the other meaning of common to or current to the majority. Over four million Americans use American General Life and Accident Insurance Company to fit their insurance needs. They may use this for business or private use.

How Stable Is AIG?

Although great rates and incentives can be offered by any life insurance company, not all of them are going to hang around for the next few years. Look carefully before deciding on which insurance company you like; be sure it has secure financial ratings.

Many independent financial ratings act as a Consumer Reports of the financial world, with their "watchdog" attitude.

The top ratings companies include: Standard and Poors, FitchRatings, and Moody's Investors Service, which publish their ratings to the general public. They grade much like American school systems, with A as outstanding and F as failure.

American General Life and Accident Insurance Company has been given the A++ award continuously for many decades. Therefore; we can concede that this company is indeed financially grounded.

A Brief History Lesson

American General Life and Accident Insurance Company has remained in business for over 100 years, it began in February 28, 1900 in Tennessee. Then, it was named The National Sick and Accident Association of Nashville. For a short time, it was also known by the NLT Corporation. It later became a part of Houston, Texas-based American General Corporation in 1982. Since then, it has undergone several name changes, and bought out yet another insurance company.

Although American General Life and Accident Insurance Company do offer services for employees of employers who care; they are more geared to the insurance needs of the individual. Selections are among these: term insurance, universal coverage, and Quality of Life Insurance.

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American General Life And Accident Insurance Company- News


AIG units to merge into Benefits Solutions entity CBS News
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGwvjLBpFxoHZ9LwddtgE8Qbw0dGQamp;url=http://www.insurancejournal.com/news/east/2012/01/24/232431.htmimg src=//nt0.ggpht.com/news/tbn/eIsy2rJaiY9xBM/6.jpg alt= border=1 width=80 height=80 /br /font size=-2Insurance Journal/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHMLB1oZ5Bbl7KdBzMXo-hvlJZ8iAamp;url=http://www.cbsnews.com/8301-505246_162-57364889/aig-units-to-merge-into-benefits-solutions-entity/bAIG units to merge into Benefits Solutions entity/b/abr /font size=-1bfont color=#6f6f6fCBS News/font/b/fontbr /font size=-1(AP) NEW YORK — Two units of bAmerican/b International Group Inc. will combine into a single organization to offer insurance services for employers and other groups. Chartis US bAccident/b and Health and bAmerican General Life Insurance Company/b will become b/b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGk_xYgsAMGYzB3frXWLKT0NjFcMwamp;url=http://insurancenewsnet.com/articleNews.aspx?id%3D327185Newly Merged Employee Benefits Entity Reclaims AIG Brand Name/afont size=-1 color=#6f6f6fnobrInsurance News Net (press release)/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGgxkWdKhX7n6kBqGQdsfkipiwL3Aamp;url=http://www.insurancetech.com/distribution/232500380AIG Units Chartis, bAmerican General/b Merge Benefits Organizations/afont size=-1 color=#6f6f6fnobrInsurance Technology/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGwvjLBpFxoHZ9LwddtgE8Qbw0dGQamp;url=http://www.insurancejournal.com/news/east/2012/01/24/232431.htmAIG to Merge Group Benefits Units From Chartis and bAmerican General/b/afont size=-1 color=#6f6f6fnobrInsurance Journal/nobr/font/fontbr /font size=-1 class=pa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFI8WWgh50eGaFhA7BnZHdKC9NsRQamp;url=http://www.marketwatch.com/story/aigs-chartis-and-american-general-merge-group-benefits-units-to-form-aig-benefit-solutions-2012-01-24nobrMarketWatch (press release)/nobr/anbsp;-a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGRq3XcA0sXw_qGxWAH0Fxe30Cjlgamp;url=http://www.nasdaq.com/article/aigs-chartis-and-american-general-merge-group-benefits-units---quick-facts-20120124-00768nobrNASDAQ/nobr/anbsp;-a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFHCOE5ktC1jQAjGViX1e-ueU-zxgamp;url=http://www.businessinsurance.com/article/20120124/NEWS03/120129964?tags%3D%257C63%257C307%257C306%257C285%257C76nobrBusiness Insurance/nobr/a/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?ncl=dOvkuNdM_RJiD6MEwDX_GnIyWdk0Mamp;ned=usnobrball 21 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

Trilogy Inc. Names New President of Insurance and Financial Services Division MarketWatch (press release)
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEO64ei4H2mFGKapZxYgQ0pxIehBgamp;url=http://www.marketwatch.com/story/trilogy-inc-names-new-president-of-insurance-and-financial-services-division-2012-01-27bTrilogy Inc. Names New President of bInsurance/b and Financial Services Division/b/abr /font size=-1bfont color=#6f6f6fMarketWatch (press release)/font/b/fontbr /font size=-1Kelley was most recently Chairman, President and CEO of bAmerican General Life and Accident Insurance Company/b. He spent his entire career in the industry, starting with Prudential Insurance Company, where he served for more than two decades in positions b/b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?ncl=d24wYgYiLjzXEMMamp;ned=usnobrband morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

Trilogy appoints new president Insurance Business Review
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFTllKWAd2fMuuvoNqrJX572Hq6kQamp;url=http://insurer.insurance-business-review.com/news/trilogy-appoints-new-president-300112bTrilogy appoints new president/b/abr /font size=-1bfont color=#6f6f6fInsurance Business Review/font/b/fontbr /font size=-1Prior to Trilogy, Kelley was chairman, president and CEO of bAmerican General Life and Accident insurance Company/b. He also worked for Prudential Insurance Company, where he was holding various positions including senior vice president and chief b/b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?ncl=dpKyqY-NjGaD0jMamp;ned=usnobrb/b/nobr/a/font/div/font/td/tr/table

Bruised AIG Bounces Back From Bailout Insurance News Net (press release)
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEN0w_yLQ2nqVXaRPbDYrlEKrUyagamp;url=http://insurancenewsnet.com/articleNews.aspx?id%3D327874bBruised AIG Bounces Back From Bailout/b/abr /font size=-1bfont color=#6f6f6fInsurance News Net (press release)/font/b/fontbr /font size=-1Around that time, AIG also launched SunAmerica Financial Group , a financial services enterprise that combined its domestic blife/b and retirement services companies, including bAmerican General Life/b; bAmerican General Life/b amp; bAccident Insurance Co/b./fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?ncl=d2hYQ65wUUrAE2Mamp;ned=usnobrb/b/nobr/a/font/div/font/td/tr/table

American General Life Companies Announces Simplified Web-Based Life Insurance ... MarketWatch (press release)
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