Broker Sues AIG To Protect Calif. Policyholders

By Morgan Bettex (May 22, 2009, 12:00 AM EDT) -- An insurance broker who bought and sold $15 million worth of life insurance from American International Group Inc. has sued the beleaguered insurance giant, several of its units and dozens of affiliated insurance companies conducting business in California for allegedly using billions of dollars of policyholder funds to support the risky investments of AIG's financial services unit....

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