A once-successful titan in the insurance industry, AIG (American Insurance Group) became enmeshed in America's home mortgage meltdown by insuring questionable debt accrued by banks and other institutions around the world.

VOA: standard.2009.03.24

But his message had to compete for attention with news that the giant insurance company American International Group,or AIG, paid out $165 million in bonuses to employees after the government agreed to bail out the financially troubled company.

VOA: standard.2009.03.21

On Tuesday,Geithner told Congress that the government must have the authority to seize non-bank entities, arguing that massive destabilizing dangers can come from financial institutions - a lesson learned from the rescue of American International Group,or AIG, a giant insurer that received a $180 billion taxpayer bailout.

VOA: standard.2009.03.25

International Paper was replaced by AIG Group.

FORBES: Many Stocks Still Slumping Even As Market Nails New Highs

Insurance industry stocks that can be at risk for losses during the hurricane season are companies such as American International Group Inc. (NYSE:AIG), Hartford Financial Services Group Inc. (NYSE:HIG), Principal Financial Group Inc. (NYSE:PFG), and XL Group PLC (NYSE:XL).

FORBES: Damaging Hurricanes Could Impact Energy, Insurance Industries In 2012

American International Group (AIG) has reported a huge loss from the sale of its aircraft leasing business ILFC.

BBC: AIG logo