(by Dr. Goldfinger)

American International Group Inc., the world’s biggest insurance company, is expected to announce to its investors about hurricane damage in the third quarter and the lawsuit filed by the New York Attorney General Eliot Spitzer.

Florida four hurricanes hit the company in the previous quarter, as well as three typhoons in Japan, producing the costliest quarter for AIG with the total losses exceeding $515 million.

The worries awoke amid the New York Attorney General lawsuit against the biggest brokerage insurer Marsh & McLennan Cos. for rigging bids and inflating client costs.

``I was surprised by the rigging,’’ said Kevin Callahan of Century Capital Management in Boston. ``We all knew there were contingent commissions going on, but when you mix the fraud element in there, that gives me a lot more pause.’’