AIG Auto Insurance Lowers Rates in New Jersey; New Auto Insurance Rate Will Result in Savings of More Than $5 Million for New Jersey Drivers

AIG Auto Insurance today announced that it will lower auto insurance costs for more than 55,000 policyholders in New Jersey. Beginning June 30, 2005, AIG Auto Insurance will implement a 4% rate decrease, which will lower auto insurance costs on over 115,000 vehicles and result in a savings of more than $5 million for New Jersey drivers insured by American International Insurance Company of New Jersey. “AIG Auto Insurance is committed to the New Jersey market,” said Tony DeSantis, President of AIG Marketing, Inc., the personal lines direct marketing arm of AIG that includes AIG Auto Insurance…..

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