Greenberg's Lawsuit: Sign of Trouble?

The insurance titan alleges employees of his former outfit, AIG, are out to ruin C.V. Starr. Is his company struggling with the separation?

Is Hank Greenberg's private insurance empire in trouble? On Aug. 7, the embattled former American International Group (AIG) chairman sued three AIG employees—and up to 100 co-conspirators—alleging that they have tried to "systematically destroy" the four insurance companies he now runs under C.V. Starr & Co.

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