1 minute readAmerican International Group (AIG) this week picked Eric Martinez Jr. to take over the CEO position at the firm’s United Guaranty Corp., a mortgage guaranty insurance provider. He replaces William Nutt, whose reasons for leaving the company were not disclosed before this story went to press. In his months since joining AIG in January, Martinez negotiated the disposition of several properties, including AIG’s prime real estate holding in Japan for $1.2bn. He previously served in executive roles at Safeco and AGL Resources, an insurance provider and energy services company, respectively. Martinez’s new role will place him at the helm of AIG’s financial services businesses just as the company faces continuing political and public criticism over its damaging financial products division. The chief restructuring officer at AIG, Paula Rosput Reynolds, in a media statement described Martinez as well-suited for the challenge of developing a strategy for United Guaranty in the face of AIG’s ongoing realignment. In the latest loss to the company’s stability, chairman and CEO Edward Liddy said in May he would leave the company as soon as a replacement can be found. Write to Diana Golobay. Disclosure: The author held no relevant investment positions when this story was published. Indirect holdings may exist via mutual fund investments.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
Most Popular Articles
RE/MAX accelerates real estate innovation with AI and technology
RE/MAX is accelerating the integration of AI and cutting-edge technology to transform how agents engage with clients, generate leads, and deliver results. Initiatives like Max AI, MaxRefer, MaxEngage, and HomeView leverage real-time data, personalized marketing, and AI-driven tools to streamline the homeownership experience and empower its agents. Leading this innovation is Travis Saxton, EVP of Strategy at RE/MAX, who has spearheaded the rollout of these technologies, including AI-powered training through Sky AI and SkyStudio, redefining the future of real estate by combining human connection with next-generation tools.
Nov 17, 2025 3:44 am
Latest Articles
From resilience to antifragility: Rethinking cybersecurity for real estate and mortgage professionals
In information security, we’ve long spoken about resilience. The goal has been to withstand an attack, recover quickly, and return to business as usual. But in today’s environment—where attackers adapt and evolve daily—resilience is no longer enough. We must go further. We must embrace antifragility.
-
From local to global: RE/MAX’s Chris Lim on the next era of real estate relationships
-
Stop marketing like it’s 2008: You’re invisible
-
RE/MAX accelerates real estate innovation with AI and technology
-
Retirement plans for small-business owners have visible generational gaps
-
VA loans rise as housing market shifts toward buyers
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
