Spitzer Subpoenas Great American's Records on Legal Malpractice Insurance
Midwest News • December 7, 2004
Cincinnati-based American Financial Group Inc. announced that its property/ casualty insurance subsidiary, the Great American Insurance Co., has received a subpoena from the New York Attorney ...
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Subject: Spitzer may have found
Posted On: December 8, 2004, 6:43 am CST
Posted By: JSJAG
Comment:
Spitzer found a bad ghost hiding in the Marsh closet but now it seems he has, with great ernest, started a witch hunt. Subpoena's are rolling off the press faster than the Feds can print money. I don't think I've heard of any great new findings that have been unearthed by the crew. Perhaps Mr. Spitzer will find another ghost hiding in someone's closet but one can only wonder, was it worth the millions that the government will spend on the witch hunt?
Now we find that the rumor was true and he is running for governor. His political presence has been bolstered at the expense of the taxpayers. Now his own bad ghost is out of the closet. We can only ponder if his ghost is about justice or politics.
I've been belting out the same tired tune for many years that the P&C industry needs to address its faults and accept change. The Marsh debacle was a product of the fundamental distribution system of P&C insurance. A distribution channel that has been shrinking for far to long. A distribution system that was once a wide channel that many people could navigate through has been shrinking into a narrow strait with fewer and fewer organizations marketing insurance. Perhaps in the end the needed changes will be born and we will all be singing ding dong the witch is dead.
Subject: Spitzer may have found
Now we find that the rumor was true and he is running for governor. His political presence has been bolstered at the expense of the taxpayers. Now his own bad ghost is out of the closet. We can only ponder if his ghost is about justice or politics.
I've been belting out the same tired tune for many years that the P&C industry needs to address its faults and accept change. The Marsh debacle was a product of the fundamental distribution system of P&C insurance. A distribution channel that has been shrinking for far to long. A distribution system that was once a wide channel that many people could navigate through has been shrinking into a narrow strait with fewer and fewer organizations marketing insurance. Perhaps in the end the needed changes will be born and we will all be singing ding dong the witch is dead.