AIGS INSURANCE MOREFAR MARKETING NOW OFFERS INTERNET INCIDENT LIABILITY ENDORSEMENT FOR CAMPS AND PRIVATE SCHOOLS

NEW YORK, January 6, 1998 – Morefar Marketing, Inc., a member company of American International Group, Inc. (AIG), has introduced Internet incident liability coverage, a policy enhancement that addresses exposures camps and schools face in providing students with Internet access.*
Offered as an endorsement to Morefar Marketing’s Camp and Private Schools Program, policyholders are covered for claims of bodily injury, emotional distress or property damage resulting from the communication of information or messages via an insured’s Internet facilities. Coverage applies to any alleged, or negligent act, error or omission by an insured arising solely out of the intended use of their Internet facilities.

“As the Internet has expanded the scope of modern education, it has created a new range of liability exposures. Educators must now be concerned with protecting students from inappropriate material found on the Web,” said Gregory Lang, President, Morefar Marketing. “This coverage is designed to address the complex issues that educators face as they bring classrooms into the information age.”

For more information on the Children’s Camp and Private Schools Insurance Program and the Internet incident liability endorsement, contact Morefar Marketing at 302/761-5600 or http://access.aig.com.

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AIG is the leading U.S.-based international insurance organization and among the largest underwriters of commercial and industrial insurance in the United States. Its member companies write property, casualty, marine, life and financial services insurance in approximately 130 countries and jurisdictions, and are engaged in a range of financial services businesses. American International Group, Inc.’s common stock is listed on the New York Stock Exchange, as well as the stock exchanges in London, Paris, Switzerland and Tokyo.

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* The above described coverage may not be available in all states, and the above description thereof is neither a complete description nor a complete list of all terms, conditions and exclusions. Note that certain terms used in the above are defined in the policy. Please see the policy for a complete description of its scope and limitations of coverage. Issuance of coverage is subject to underwriting.