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This Industry Titan May Move His Support From Jeb to Rubio

CNBC Events - Season 2015CNBC Events - Season 2015

Maurice “Hank” Greenberg, a former insurance industry executive who grew American International Group (AIG) into the world’s largest insurer, may bail on Jeb Bush after his mediocre performance in the Iowa Caucus. The candidate he’ll likely back? Marco Rubio.

The move comes even after Greenberg’s CV Starr company gave $10 million to a Bush super-PAC less than four months ago, reported Bloomberg. The industry titan, who is 90-years-old, has been one of the biggest donors in the 2016 presidential race. His support often comes with dollars attached.

Greenberg commented on Wednesday to Bloomberg’s Betty Liu that he’ll decide who to finally back after more votes are cast in another “one or two states.”

Bush came in sixth in the recent Iowa caucus with only 3% of the vote, while Rubio came in third with 23% of the vote. The New Hampshire primary is next Tuesday, Feb. 9th, followed by the Republican South Carolina primary on Tuesday, Feb. 20th.