Highlights
A collection of news and information related to American International Group published by this site and its partners.
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Attorneys to settle mudslide lawsuit
The Pasadena law firm that defended Glendale in lawsuits stemming from a 2005 mudslide that cost the city nearly $15.4 million has agreed to pay $98,500 to settle a malpractice lawsuit, according to a City Council announcement this week. Glendale sued...Tags: Litigation, Business Enterprises, Laws, Legal Service, Trials
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Mudslide lawsuit settled for $1.1M
A subsidiary of insurance giant American International Group has agreed to pay Glendale $1.1 million to settle a lawsuit brought by the city in an attempt to recoup roughly $15.5 million it was forced to spend in the aftermath of a destructive 2005...Tags: Litigation, Insurance, Laws, Companies and Corporations, Justice System
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A Word, Please: Buried verbs, buried meanings
This week I have the thought to take on the writing of a column about people’s using of the things called nominalizations. Translation: I think I’ll write about nominalizations. I got the idea when I came across a sentence like the... -
Peaceful change is long overdue
A letter on this page was critical of the Occupy Wall Street movement (“Occupy Wall Street a cause for concern,” Nov. 8). Is the person who wrote it OK with the bonuses in the finance industry? For example, the insurance giant AIG gave...Tags: Foreclosures, Occupy Wall Street, Los Angeles Times
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Damaged homes attract no bids
CITY HALL — Officials are evaluating options for several damaged hillside properties currently owned by the city after attempts to auction two of them off last week were unsuccessful. The city acquired five hillside properties as a result of a...Tags: Disasters and Accidents, Manufacturing and Engineering, Disasters, Homes, Auction Service
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Taken for Granted: This parting is not so sweet
Well that's the last straw! I've had it with the recession.
My 401(k) took a bath, the equity in my home tanked, friends and family members lost jobs, and now the ultimate hardship — my friend and chef de cuisine of fine doughnuts Jacque (Jack...Tags: Marketing, Lifestyle and Leisure, Treaties, Politics, NASCAR
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City gets $200K in storm-damage settlement
CITY HALL — Glendale will receive $200,000 to help recover about half the cost of repairing a hillside that was severely damaged during the 2005 winter storms.
The settlement approved by the City Council this week resolves a cross complaint...Tags: Disasters and Accidents, Science and Technology, Litigation, Disasters, Trials
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City to transfer reserve funds
CITY HALL — The City Council on Tuesday unanimously approved transferring $2.7 million from the city's reserve to help cover major deficits in the fund that covers lawsuit payouts. The move came in a special meeting after council members had...Tags: Finance
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Mud-damaged home up for bid
CITY HALL — Officials on Monday announced the upcoming auction of one of five homes acquired by the city as a result of a $12-million settlement to homeowners whose properties were damaged in a January 2005 mudslide. The mudslide Jan. 10, 2005, in...Tags: Disasters, Homes, Auction Service, Meteorological Disasters, Avalanches and Landslides
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Working poor didn't cause crash
I must take issue with letter writer Stanley Glinka's assertion that it was "the policy of forcing banks to give loans to people who could not afford them" that led to our current financial mess ("Stop blaming Bush," May 1). First of all, we need to...
Tags: Federal Deposit Insurance Corporation, Personal Income
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Jobs report spurs Dow beyond 15,000 for the first time
NEW YORK -- It’s only a few days into May, but already investors have seen one surprise after another, as the Dow Jones industrial average passed 15,000 for the first time Friday on the strength of a better-than-expected jobs report. The S&P 500,...
Tags: Finance, Federal Reserve, Kraft Foods Group, Inc., Economic Indicator, Money and Monetary Policy
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Plans stall for trade center in Osceola
Plans for a Chinese-owned international-trade center in Kissimmee have stalled. Osceola County Manager Don Fisher didn't close the door on the deal but said Beijing Construction Engineering Group, the company behind the so-called Center for International...
Tags: Science and Technology, Kissimmee, Justice System, China, Crime, Law and Justice
Oct 31, 2012
|Story| Glendale News Press
Jul 23, 2012
|Story| Glendale News Press
Jun 9, 2011
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Nov 17, 2011
|Story| Glendale News Press
Jul 11, 2011
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Dec 8, 2010
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Feb 3, 2011
|Story| Glendale News Press
Jun 16, 2010
|Story| Glendale News Press
Aug 3, 2010
|Story| Glendale News Press
May 3, 2013
|Story| Baltimore Sun
May 3, 2013
|Story| Los Angeles Times
May 2, 2013
|Story| Orlando Sentinel
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