Partner and co-head of the firm’s Insurance Transactional and Regulatory Team Thomas M. Dawson was quoted in a Business Insurance article titled “AIG details improvement plan amid calls for strong action.” The article examined AIG’s plans for improving its operations in response to those claiming the company should be broken up.

Tom discussed how “AIG has a lot of skilled people including people who interact with regulators.” He also said, “I would have felt that AIG had this well and truly buttoned up in terms of the reports that are required by various regulators, and they cope with [being regulated both by the states and as a SIFI by the NY Fed]. I believe [the argument that the company is at a competitive disadvantage because of the dual regulation] is a bit of a red herring.”

Read: “AIG details improvement plan amid calls for strong action