Campus News

Complex but not unusual

UGA’s Robert E. Hoyt, professor of risk management and insurance, was one of several experts that the New York Times asked to help clarify standards and acceptable practices for a lengthy story about the complex relationship between insurance and investment company American International Group, or A.I.G., and its affiliate C.V. Starr and Company. He told the reporter that he did not consider it unusual for a managing general agency-like Starr-to receive reinsurance commissions.