The New York State Insurance Department received about 1,000 calls about American International Group Inc. insurance contracts in the first 2 days after news of the company's liquidity problems surfaced.
New York State Insurance Superintendent Eric Dinallo talked about the calls here at the fall meeting of the National Association of Insurance Commissioners, Kansas City, Mo.
Dinallo emphasized that the insurance units of AIG, New York, are solvent.
At this point, state insurance regulators do not have data on any AIG insurance product cancellations or surrenders that may have taken place following the announcement that the Federal Reserve Bank of New York would be intervening to provide a credit line for AIG, Dinallo said.