Products & Services: AIG Specialty Excess raises capacity for public entity.(AIG Specialty Excess increased capacity of excess liability insurance)(Hiscox USA introduced media liability coverage)(ACE USA Inc. introduced ACE USA Legacy Liability)

Business Insurance, May, 2007

NEW YORK-AIG Specialty Excess, an umbrella and excess casualty underwriting unit of American International Group Inc., has increased its capacity of excess liability insurance for public entities to $25 million from $15 million. AIG Specialty Excess will offer the increased capacity on all commercial umbrella and excess casualty policies for public entities.

The new capacity will be available for states, counties, cities, educational institutions, transit authorities, utilities and other public agencies. The $25 million capacity will be available on a broad occurrence-based form. For more information, contact Todd Germano, executive vp of AIG Specialty Excess, at 212-820-2637, or at mitchell.schmidt@ace-ina.com.