The Senate passed a bill Thursday easing federal regulations on the manufacture of coolers, water heaters and other appliances.
Rep. Robert Aderholt (R-Al.) introduced the American Energy Manufacturing Technical Corrections Act, H.R. 6582, which combines several proposals that the House and Senate have approved this year, including language that would allow manufacturers of walk-in coolers to use different standards to meet energy efficiency goals. It also eases rules for water heaters and over-the-counter refrigerators.
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Mostofi, on the Chartis Rebranding to AIG
December 10, 2012
Chartis, which acquired Service Net in early 2012 and then integrated it into its U.S. Warranty Division, announced in November that it would rebrand as AIG (American International Group) – a brand that took heat as America was in the throes of the late-2008 financial crisis, when AIG became a recipient of government bailout money. But since then, AIG has paid American taxpayers back and then some, with a positive return of $15 billion, and is positioned to leverage the brand’s global presence to full effect, James Mostofi, president of AIG’s U.S. Warranty Division, said.