By Michael Whiteley, Eastern Bureau ChiefA federal judge in Chicago has given final approval to a $450 million settlement between American International Group (AIG) and its competitors over allegations that the insurance giant underreported workers' compensation premiums for more than two decades.U.S. District Judge Robert Gettleman signed an order last Wednesday declaring the settlement agreed to by AIG and seven other carriers to be "fair, reasonable and adequate."Gettleman stayed the ruling pending a final opinion he plans to issue to close the case next month. First, he will hold a hea...
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