Connecticut State Insurance Department Approves Acquisition of HSB by AIG.Business Editors HARTFORD, Conn.--(BUSINESS WIRE)--Nov. 22, 2000 HSB (Hue Saturation Brightness) A color space that is similar to the way an artist mixes colors by adding black and white to pure pigments. The pigments are the hues (H), measured in a circle from 0 to 359 degrees (0=red, 60=yellow, 120=green, 180=cyan, 240=blue, Group, Inc. (NYSE NYSE See: New York Stock Exchange : HSB) announced today that on November 21, 2000 the Connecticut State Insurance Department approved the acquisition by American International Group
American International Group, Inc. (AIG) (NYSE: AIG; TYO: 8685 ) is a major American insurance corporation based in New York City. , Inc. (AIG AIG addressee indicator group (US DoD) AIG American International Group, Inc AiG Answers in Genesis (religious group in defense of Scripture) AIG Artificial Intelligence Group AIG Australian Industry Group ) of The Hartford Steam Boiler Inspection and Insurance Company and The Hartford Steam Boiler Inspection and Insurance Company of Connecticut, both subsidiaries of HSB, as contemplated by the Agreement and Plan of Merger, dated as of August 17, 2000, among HSB, AIG and Engine Acquisition Corporation, a subsidiary of AIG. HSB Group, Inc., the parent company of The Hartford Steam Boiler Inspection and Insurance Company, is a global provider of specialty insurance products, engineering services and management consulting. The Hartford Steam Boiler Inspection and Insurance Company was founded in 1866 to provide loss prevention service and insurance to businesses, industries and institutions. |
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