AIG settles with states

AIG settles with states

ILLINOIS -- The state will get part of an $11 million settlement with AIG.
ILLINOIS -- The state will get part of an $11 million settlement with AIG. We're one of seven states which investigated AIG's practices for paying beneficiaries of life-insurance policies.

Along with the payout, AIG agreed to change the way it handles its business practices. The money won't be paid until all states involved agree to the settlement.
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