Law Offices of Charles D. Naylor

Expert legal representation for maritime workers and cruise ship passengers.

310-514-1200
  • Free Injury Hotlines
    • Cruise Injury Hotline
    • Longshore Injury Hotline
    • Seamen Injury Hotline
    • Shipyard Injury Hotline
  • Practice Areas
    • Maritime Personal Injury
    • Jones Act
    • Cruise Ship Injury
    • Commercial Fishing Injury
    • Longshore & Harbor Workers
    • Shipyard Accidents Attorney
    • Maritime Wrongful Death
    • Maritime Trucking Accidents
    • Boating Accidents
    • Catastrophic Injury
    • Death on the High Seas Act (DOHSA)
    • Defense Base Act
  • About Us
    • Charles D. Naylor
    • How We Work
  • Client Reviews
    • Verdicts & Settlements
    • Longshore Worker Wrongful Death Claim
    • Client Satisfaction Survey
  • Legal Resources
  • Videos
    • Injured At Work?
    • How To Choose The Best Doctor
    • What Is The Longshore Act?
    • Cruise Ship Injuries: Know Your Rights!
    • Naylor: Attorney of the Year Finalist
    • Defense Base Act
    • Commercial Fishing Accidents
    • What Is The Jones Act?
    • How To Document An Accident Scene At Work
  • Blog
  • Contact
You are here: Home / Longshore and Harbor Workers' Compensation Act / AIG Caught Red Handed

December 30, 2010 By naylorlaw

AIG Caught Red Handed

The nation’s largest insurer, American International Group Inc., AIG, and a major provider of workers compensation insurance to employers under the Longshore and Harbor Workers’ Compensation Act (LHWCA) has admitted to misreporting $2.12 billion of workers compensation premium, according to a recent story by the Associated Press.

AIG’s scheme allowed it to misrepresent it’s financial condition to Insurance Commissioners in all 50 states and the District of Columbia. AIG has now agreed to pay $146.5 million in fines and penalties and to subject itself to compliance audits for the next two years.

The irony of today’s news is, in the past, AIG has been quick to “controvert”, or dispute, LHWCA claims based on alleged misconduct by injured longshore workers.

We have always known, but now we have proof of who the bad guy really is.
Shame on you AIG.

Filed Under: Longshore and Harbor Workers' Compensation Act, Maritime

Get a
Free Case Review

Are You Injured?

  • Cruise Injury Hotline
  • Longshore Injury Hotline
  • Seamen Injury Hotline
  • Shipyard Injury Hotline

Know Your Rights

  • Injured At Work? Here’s What You Need to Know
  • How To Document An Accident Scene At Work
  • How To Choose The Best Doctor For Your Compensation Claim
  • Commercial Fishing Accidents: What You Should Know
  • Defense Base Act: Coverage, Benefits and Compensation
  • What Is The Jones Act?
  • What Is The Longshore And Harbor Workers’ Compensation Act?
  • Cruise Ship Injuries And Your Rights
  • Charles D. Naylor Named Consumer Attorney of the Year Finalist
Best Lawyers Lawyer of the Year Charles D. Naylor Certified Specialist_Charles D. Naylor
Workers Injury Law and Advocacy Group_Charles D. Naylor American Association for Justice_Charles D Naylor

Subscribe to Our Newsletter

Connect

Copyright © 2023 · NaylorLaw.com. All Rights Reserved. · Privacy Policy · Disclaimer · Sitemap · Call Us Toll-Free: 888-440-5829 · Local: 310-514-1200 ·
Law Offices of Charles D. Naylor · 11 Golden Shore, Suite 350, Long Beach, CA 90802