AIG Activates Natural Disaster Hotline for Customers, Agents, Brokers to Report Claims Friday August 29, 1:34 pm ET
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (AIG) has established a 24-hour, toll-free Natural Disaster Hotline for use by customers, agents and brokers of the AIG Companies to report claims that may arise from Hurricane Gustav, including all lines of commercial and personal insurance, as well as life insurance and annuities. The Natural Disaster Hotline number is: 877-244-0304 http://biz.yahoo.com/bw/080829/20080829005566.html?.v=1
Billions in claims coming before end of October. Gustav in Gulf, Hanna crossing Fl into Gulf next week. T97 coming off Africa looks like the one with real potential. Could be really active thru October.
I keep close tabs since I live in Florida. I would think with the possibility of the Gulf taking a major hit from Gustav and AIG having exposure in that region, the stock would be down. Surprised it is green while market tanking. I bought some PUTS going into the weekend. Any thoughts why it is up? Thanks