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AIG in Talks to Sell Personal Lines; Transatlantic, Hartford Steam on the Block

National News • October 6, 2008
American International Group Inc. is in advanced talks with one potential buyer for part of its U.S. personal lines business as the insurer looks to sell assets to pay off a massive government ...

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Subject: TO KATHY

Posted On: October 16, 2008, 6:25 pm CDT
Posted By: 21ST AND PROUD
Comment:
Kathy - here are some facts for you. I have been with this company (formerly 21st) since it was 20th Century Insurance when it was in the top 4 in California and if you had done your homework you would of seen that after the earthquake in 1994 was where we ran into problems, however we always had a loyal following of clients - our renewal rate was at 90%. Your hero company AIG decided to buy over 52% of our stock which gave them say over how we operate. So even though they just bought us in 2007 they have had a say in everything we have done since 1994. AIG is the one who hired the president we have in CA who we have since 2002, who by the way made some bad decisions like going into Florida. Our previous management did not make as much as AIG's salary wise not even close. They NEVER took hunting trips or special week retreats with someone else's money. Yes they did treat their employees to things like a picnic, a coffee mug however it was for all employees not just management and from their profits not the tax payers bail out. Upper management was personable and did their jobs well; they were run out by AIG. (Mr. Mellick you are missed by all even us peons who are not recognized as part of AIG'S team) Kathy are you one of those who get a high salary and is upset because now your job may be on the line? Management at AIG does not know how to run a personal line insurance company (key word Personal) So take a good look at who you work for and get your facts before slamming a company that had ethics, good office morale and cared about their LOYAL customers.
Subject Posted By Posted On
RE: TO KATHY 21st Employee in Texas
Feb 11, 2009, 11:38 pm
TO KATHY 21ST AND PROUD
Oct 16, 2008, 6:25 pm
RE: RE: RE: RE: RE: Sell 21st Proud 21st Employee
Oct 14, 2008, 7:38 pm
RE: RE: RE: RE: Sell 21st 21at employee
Oct 13, 2008, 9:26 pm
RE: RE: RE: Sell 21st TAR
Oct 13, 2008, 10:08 am
AIG Fire Sale Bob
Oct 13, 2008, 9:35 am
RE: RE: Sell 21st Kathy
Oct 11, 2008, 8:32 pm
And you were so great.... NOT AIG
Oct 11, 2008, 1:30 pm
RE: Sell 21st 21at Employee
Oct 10, 2008, 6:51 pm
RE: Sell 21st kathy
Oct 9, 2008, 8:03 pm
Sell 21st 21st employee
Oct 7, 2008, 2:23 pm
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