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Insurance Producers Start to Move Business from AIG to Competitors

National News • September 22, 2008
Despite assurance from state regulators that the insurance subsidiaries of American International Group (AIG) are financially sound, insurance producers are moving accounts from AIG. A survey by ...

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Subject: RE: Partner

Posted On: September 22, 2008, 2:45 pm CDT
Posted By: mike
Comment:
Memories - I am a Florida Agent so I'm probably treated like a red headed step-child with hookworms.
Buttt- I've defended A+ carriers that were F- in 11 months (only to lose most of that business to direct writers when others were out of capacity - or just greedy)
And, I've watched A rated carriers go to C+ - moved the business and watched them
'remember' when they came back.
Have also depended on 'Stable' long term relationships and watched them
'wipe out entire books of package (property lite) business' without blinking and without warning. All in the name of ratings. I say its about a 50/50 bet -- put it all on the pass line - but don't depend on anything.
Subject Posted By Posted On
RE: I would be careful being so uneducated Fred
Mar 24, 2009, 10:27 am
RE: RE: What happens if they lose business Barry
Sep 29, 2008, 1:47 pm
RE: What happens if they lose business "Biggy" Johnson
Sep 29, 2008, 9:59 am
What happens if they lose business David Johnston
Sep 23, 2008, 6:53 pm
Uncertain Times Concerned
Sep 23, 2008, 7:09 am
RE: The First 6 Comments Must Be AIG Employees milo
Sep 23, 2008, 5:12 am
If you're smart. Get Smart
Sep 22, 2008, 7:27 pm
RE: I would be careful being so loyal Ken
Sep 22, 2008, 6:08 pm
The First 6 Comments Must Be AIG Employees Steve
Sep 22, 2008, 4:53 pm
I would be careful being so loyal AZInsMan
Sep 22, 2008, 4:05 pm
RE: RE: RE: Partner Also Not Asleep
Sep 22, 2008, 3:58 pm
Maybe lowest big won't win Zambendorf
Sep 22, 2008, 3:54 pm
IOUSA Big Fish
Sep 22, 2008, 3:15 pm
RE: RE: Partner Not Asleep
Sep 22, 2008, 2:59 pm
RE: Partner mike
Sep 22, 2008, 2:45 pm
RE: RE: RE: RE: Partner Kay
Sep 22, 2008, 2:29 pm
RE: RE: RE: Partner Sticker Shock
Sep 22, 2008, 1:39 pm
RE: RE: Partner Friends
Sep 22, 2008, 12:57 pm
RE: RE: Partner Oprah
Sep 22, 2008, 12:56 pm
RE: Partner IBK
Sep 22, 2008, 12:51 pm
RE: Partner Ted
Sep 22, 2008, 12:41 pm
Partner Client Advocate
Sep 22, 2008, 12:27 pm
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