Home > Talkback
National News

Viewing comments for:

Reflections on the Fate of AIG

National News • October 9, 2008
The AIG has been a settled part of the insurance scene for as long as I have been watching it. It was huge, centralized and driven by a singular and dominant personality. It nearly always evoked ...

Insurance Journal is not responsible for the content of the message below.

Subject: Had to happen...

Posted On: October 9, 2008, 3:50 pm CDT
Posted By: Bill the agent
Comment:
AIG's hold and control within the industry led to its downfall. Unchecked power and influence leads to arrogance, and AIG had a pot-full of it. As a former independent agent for AIG, I have never seen a company with less concern for the people they were supposed to serve. On the other hand, I may have simply been mistaken that AIG was to care for its customers at least as much as it cared for its stockholders - My bad. Example: Rather than sell off a regional insurer that it owned, it "dumped" the whole company on the marketplace, cancelling thousands of policies and leaving thousands of policyholders with no place to go when the market had no capacity to take them. It did it for one reason only - because it could. No THAT is a nice company..
Subject Posted By Posted On
RE: Was in The Building, Jesse
Oct 9, 2008, 4:37 pm
Was in The Building, The hopeful visitor
Oct 9, 2008, 3:52 pm
Had to happen... Bill the agent
Oct 9, 2008, 3:50 pm
RE: AIG Just a thought
Oct 9, 2008, 3:20 pm
AIG Ex agent
Oct 9, 2008, 3:14 pm
Current employee Ex- also
Oct 9, 2008, 2:33 pm
RE: Former AIG Employees Current Employee
Oct 9, 2008, 1:56 pm
Former AIG Employees temblor
Oct 9, 2008, 1:48 pm
RE: RE: AIG former employee Mr. Obvious
Oct 9, 2008, 1:32 pm
RE: AIG former employee Susa'n Page
Oct 9, 2008, 12:48 pm
AIG former employee Phyllis Stockfisch
Oct 9, 2008, 12:41 pm
Back to article

Post a Comment

.