The U.S. governments says it is selling its remaining shares of American International Group stock, moving to close the books on the government's biggest bailout during the 2008 financial crisis.
AIG will pay more than $300 million to settle dispute with states over life-insurance payments that go unclaimed, according to California's finance office.
Insurance giant American International Group Inc. says it's begun the sale of part of its stake in Asian insurer AIA Group Ltd. and will use the funds raised to help pay off loans from the U.S. government.