Breaking News: General Re, AIG Executives' Convictions Tossed; New Trial Ordered

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August 2, 2011 Breaking News Alert General Re, AIG Executives’ Convictions Tossed; New Trial Ordered Read the full story Four former executives at Berkshire Hathaway Inc.'s General Re Corp. unit and one at American International Group Inc. won the reversal of their convictions over a reinsurance transaction that prosecutors said fraudulently boosted AIG's loss reserves. The 2nd U.S. Circuit Court of Appeals in New York ordered on Monday a new trial for all five defendants, including former General Re Chief Executive Ronald Ferguson, citing errors by the presiding judge at their closely-watched 2008 trial. Read the full story Send to a Friend Subscribe | Unsubscribe | Send to a Friend | Contact Us Insurance Journal 3570 Camino del Rio North, Suite 200 San Diego, CA 92108 (800) 897-9965 Copyright © 2011 by Wells Publishing, Inc.