The insurer's board cited reputational damage as a reason for not taking part in a suit alleging punitive action by the government against its shareholders, post-bailout.
The proposed regulations governing essential benefits that must be included in health care plans sold through exchanges provides states and insurers a high level of flexibility, according to an analysis.
It is believed that AIG will come under Federal oversight as a systemically significant financial company under a provision of the Dodd-Frank reform law.
Senate Democrats pushed through Wednesday legislation that would phase out the so-called Bush-era tax cuts except for families earning $250,000 or less at the end of this year.
AIG's SunAmerica is seen within the securities distribution industry as the strongest among four suitors for Hartford's broker-dealer arm, Woodbury Financial.
The disparate retirement treatment given to GM and Delphi workers was alternatively lauded and disparaged during a politically-charged hearing before the House Tuesday.
Sponsors of defined benefit pension plans will be able to use excess money in their plans to fund the purchase of life insurance for their retirees for the first time under a provision of legislation passed by Congress Friday.