|AIG AUTO INSURANCE LOWERS RATES IN COLORADO; NEW AUTO INSURANCE RATES WILL RESULT IN SAVINGS FOR THOUSANDS OF COLORADO DRIVERS|
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NEW YORK--Feb. 13, 2006--AIG Auto Insurance today announced it would lower auto insurance costs for thousands of policyholders in Colorado. Beginning today, AIG Auto Insurance will implement a five percent rate decrease in Colorado, lowering auto insurance costs on over 10,000 vehicles and resulting in hundreds of thousands of dollars worth of savings for Colorado drivers insured by The Insurance Company of the State of Pennsylvania, Birmingham Fire Insurance Company of Pennsylvania, and Commerce and Industry Insurance Company.
"As the fastest-growing name in auto insurance, AIG Auto Insurance is able to deliver responsive service at competitive prices for our customers," said Tony DeSantis, President of AIG Marketing, Inc., the direct marketing division responsible for AIG Auto Insurance. "We look forward to working with Colorado drivers to provide insurance coverage that meets their needs and provides a cost effective alternative to other auto insurers in the Rocky Mountains."
AIG Auto Insurance, the fastest-growing name in auto insurance, consistently provides consumers with the opportunity to save on their auto coverages without sacrificing service. With over 1 million policyholders underwritten by member companies of American International Group, Inc. (AIG), AIG Auto Insurance representatives are available 24-hours-a-day, 7 days a week. In addition, www.aigauto.com delivers on-line sales, service and claims reporting made easy.
American International Group, Inc. (AIG), world leaders in insurance and financial services, is the leading international insurance organization with operations in more than 130 countries and jurisdictions. AIG companies serve commercial, institutional and individual customers through the most extensive worldwide property-casualty and life insurance networks of any insurer. In addition, AIG companies are leading providers of retirement services, financial services and asset management around the world. AIG's common stock is listed in the U.S. on the New York Stock Exchange and ArcaEx, as well as the stock exchanges in London, Paris, Switzerland and Tokyo.
*Insurance is underwritten by member companies of American International Group, Inc., and is subject to underwriting approval. The description herein is a summary only. It does not include all terms, conditions and exclusions of the policies described. Please refer to the actual policies for complete details of coverage and exclusions. Coverage may not be available in all states. Non-insurance products may be provided through independent third parties.