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NEW YORK, Feb 01, 2007 -- Lexington Insurance Company, a member company of American International Group, Inc. (AIG), today announced it will host a succession of podcasts and Webcasts, entitled LexCast Audio and Webcast Series, which will focus on significant issues relevant to insurance and risk management. "The LexCast Series, which expands on a series of Webcasts Lexington introduced last year, utilizes convenient technology to educate risk managers and brokers on trends, insights and facts to help manage risk," said Kevin Kelley, Chairman and CEO of Lexington Insurance Company. "The LexCast series continues our commitment to provide easy access to meaningful information pertaining to risk management."

The first of the series, Hurricane Outlook 2007: What It Means for the U.S. Property Market, which goes live on February 1, 2007 and is available at www.lexcasts.com, is a podcast that examines early forecasts for the 2007 Atlantic hurricane season and repercussions for the property insurance market. Hurricane Outlook 2007 LexCast features commentary from Dr. William Gray, Professor of Atmospheric Science, Colorado State University; Phil Klotzbach, Research Associate, Colorado State University Department of Atmospheric Science; Dr. Robert P. Hartwig, President and Chief Economist, Insurance Information Institute; as well as George Stratts, Senior Vice President, Lexington Property.

Future installments in the LexCast Series will examine:

  • U.S. Earthquake Exposure: Past, Present and Future
  • The Financial Impact of Terror: How Insurance Can Mitigate It
  • The Rising Costs of Medical Malpractice: Does the Medical Injury Compensation Act Help?
  • Cyber Security: More Vulnerable Than We Think?

Additional topics will be added as market conditions and developments merit.

Users may subscribe to receive monthly installments automatically via email. Podcasts can be listened to from any Internet-linked, audio-equipped computer or downloaded to an iPod or other MP3 player for listening "on the go."

For more information on Lexington's LexCast audio and webcast series, contact Tara Russell, Vice President and Director of Marketing at 617-772-4550 or tara.russell@aig.com.

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 on the New York Stock Exchange, as well as the stock exchanges in London, Paris, Switzerland and Tokyo.

For Lexington Insurance Company
Peter Tulupman
Manager of Public Relations