AIG to reportedly tap additional $30 bln in TARP funds

Sunday, insurer encircled American International Group, Inc. (AIG) is supposedly on the edge to obtain $30 more billion in funds reinflation the government the United States 'the program relief worried by S capital, or the COVER OF PROTECTION. AIG already received $40 billion as an element the COVER PROTECTION the federal reservation, independently of the government of the United States 'of the package of reinflation of S to save it going bankrupt. The federal government has 79.9% of the company now.


The supplier of total insurance based in New York and finance departments tries to fix the funds in order to continue to function after one expects that the greatest loss in the history of corporation of the United States for the fourth quarters announces Monday. AIG prepares to bring back a loss of the gigantic fourth quarters $60 billion.

The enormous loss, driving back mainly depreciations on capital including/understanding the commercial real estate, is likely to lead to the downgrades in its insurance and reputations of solvency, which will force AIG to raise the guarantee that they do not have. AIG, which until last September was the world 'insurer of the S largest, was saved of going bankrupt after reception of a first package of reinflation of government of $85 billion the United States. The federal reservation and the treasure already provided more than $150 billion the assistance to AIG and the federal government has 79.9% of the company now.

Insurance.com, the leading network of independent agencies auto insurance in the United States, announced today that the Board of Directors Robert Klapper has appointed as a new managing director. Rob succeeds CEO and founder Dave Roush, who is chairman of the Board and serve as a strategic advisor during the transition.

"With his extensive marketing, planning and insurance experience, the leader Rob is the right leader to help drive our growth strategy and propel Insurance.com to the next level, said Dave Roush, Insurance.com Chairman and founder. "We're excited to leverage our success we continue become the place of destination, and information on the rates for all types of insurance."

"Rob is a seasoned executive with a strong track record of building and driving growth brand recognition," said a member of the board Deborah Arrington with StarVest Partners and head of CEO search committee. "We were impressed by his leadership style, motivational and ability to achieve outstanding results."

Rob has been CEO at One Day University, learning firm force, where the company expanded geographic footprint and out its build the infrastructure to support economic growth. Before the start of One Day University, Prosper CMO Rob was in the market, the leading network of peer-to-peer lender and one of Time Magazine's Top 50 places in 2007. As CMO at 21stCentury he helped drive growth in this $ 1.3B company by overhauling auto insurance marketing strategy, capabilities and organizations. Rob spent 14 years at Charles Schwab where he was recognized as one of the best business builders and team leaders in the company. He General Manager and Senior Vice President of places in the Schwab Advisor Network's Independent Investor & Annuity and Insurance business. Rob’s initiatives in this and previous roles Schwab’s significant to economic growth. Prior to Schwab, Rob held several products Management positions at Colgate Palmolive. He is a graduate of Franklin and Marshall College and has a MBA degree from the University of Virginia.

"This is an exciting time to Insurance.com," Klapper said. "The company has transformed how consumers shop and buy auto insurance by streamlining the process for easy online experience.Insurance.com has huge potential and I am shocked to our efforts how to help consumers find a better solution for their insurance needs".