NU Online News Service, April 30, 3:40 p.m. EDT
Another name change for AIG's commercial and property-casualty sector, now going under the title "AIU Holdings," may be in the works.
An article in today's edition of The New York Times reported that a second name change is in the offing. The article noted that some believe the change to AIU did not provide the needed separation of healthy p-c units from the tainted brand of its parent, following a federal bailout of AIG after credit default swaps by the company's Financial Products arm nearly took down the organization.
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