in News Departments > New & Noteworthy
print the content item

AIG Global Marine and Energy, a division of the property and casualty insurance subsidiaries of American International Group Inc. (AIG), has formed the AIG Global Alternative Energy Practice.

According to the company, the new practice will service the insurance, risk management and loss control needs of U.S.-based alternative energy clients, including organizations engaged in biofuel, hydroelectric, geothermal, solar and wind operations.

"The Global Alternative Energy Practice aligns our intellectual capital and expertise to enable the AIG companies to underwrite nontraditional risks presented by alternative energy clients," notes Rick Gibbons, executive vice president of AIG Global Marine and Energy, who is leading the new practice. "Never before has the need for innovation across this complex risk landscape been greater or more urgent."



Trachte Inc._id1770
Latest Top Stories

Despite 2013 Challenges, U.S. Wind Power Reaches All-Time Low Price

In a new report, the U.S. Department of Energy details the highs and lows of the country's wind industry last year, and the agency maintains that the U.S. sector remains strong.


Mexico On Pace To Set New Renewables Investment Record

A new report says the country has spent $1.3 billion on clean energy in the first half of 2014 and could end up seeing a record year. Furthermore, wind power is slated for significant growth in the region.


IRS Issues More PTC Guidance, Easing Some Wind Industry Concerns

The Internal Revenue Service (IRS) addresses how much work is needed on a wind farm to satisfy production tax credit (PTC) eligibility.


Embryonic No More: U.S. Offshore Wind Industry Gaining Momentum

After a decade of fits and starts, the industry is moving closer to installing the first generation of wind projects off the country's shores.


AWEA: U.S. Installs 853 MW Of Wind In First Half Of 2014

The American Wind Energy Association (AWEA) reveals the U.S. industry's progress thus far this year and underscores the importance of policy certainty.

Renewable NRG_id1934
Canwea_id1984
Tower Conference_id1965