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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: RE: RE: Partner

Posted On: September 22, 2008, 3:58 pm CDT
Posted By: Also Not Asleep
Comment:
Those of you that think that AIG's insurance operations will be fine are living in a dream world. Their management team is not calling the shots any more and the fire sale is starting. It will not look the same and while loyalty is honorable, don't get burned for it. While the insurance people didn't cause this meltdown, their management betrayed their ownership, employees, clients and distribution system and the insurance people are paying the price for it (along with the taxpayers). There will be a lot of pressure on the Feds to get good money for the assets to minimize the cost to taxpayers to pay for this unfortunate but necessary bailout.
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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