National News

Viewing comments for:

Insiders Say AIG Slashing Prices to Win Business in Moves That May Burn Rivals, Taxpayers

National News • December 11, 2008
American International Group Inc. is cutting prices to win new business and boost market share, competitors and others in the industry say, but taxpayers could again be stuck with the tab. Since a ...

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

Subject: RE: RE: RE: AIG Quote

Posted On: December 12, 2008, 7:50 am CST
Posted By: A REAL Underwriter
Comment:
You're not much of an underwriter, thinking the soft market is over. The only one being stupid, as well as "plain and simple" is you. Don't blame superior underwriting skills and supeior products for your lack of production. Oh, and by the way, the money AIG recieved was for AIG Financial, not AIG Commercial Insurance. Do you know the difference? AIG CI STILL has more policy holder surplus than any/all of your companies put together. Oh, and boo hoo, AIG/Lex wrote an airport for 60% less than expiring with one other carrier, in lieu of the seven previous... Refer to my last sentence you morons. Hmm, Liberty Mutual is saying we're slashing prices, and oh, who else had something to say?? Oh, right Hank... Gee, wonder why?? How can any intelligent person read this article and not think "sour milk"?! If you don't understand the expression, I'd be happy to explain it to you. Also, I teach an underwriting class, although it's advanced, I believe I can start you off with an 'Underwriting for Dummies' book. When you're done with that, and work your way up to CPCU (shouldn't take YOU more than 15 years or so) let me know and I'll see if we can find you a place in class. I'll have a dunce cap waiting for you. Get over yourselves people! Put some thought into writing business, or come up with a product that sells itself so you don't have to think too hard! Stop blaming AIG for everything you can't do! Don't be upset they didn't want you as an employee! Why does NO ONE understand that the money AIG FINANCIAL secured from the government, will have a greater return to tax payers than your shrinking 401K and almost any otgher investment you've made in the past ten years?! AND, that pay-back, does not come from AIG Commercial Insurance! Possibly your minds can't understand this so I'll explain it easy for you... YOU better HOPE and PRAY AIG continues to operate business as usual, makes the necessary sales, etc., if you ever want to see that money paid back! Oh, by the way, AIG also employs 100,000+ worldwide, and guess what, as well as being good people who don't deserve your ridiculous comments and thankful they have jobs, they're TAX PAYERS TOO! You ALL talk about AIG as this big bad entity, not thinking about how it's those people that make up AIG, people who also struggle, people who have families to provide for, people thankful for the government stepping in to help, people that believe in their company and that work hard every single day in order to pay back the loan provided, people that don't deserve to feel they're personally being attacked when seeing ridiculous articles like this one, and then read a bunch of comments from other companies that just can't compete due to their lack of underwriting resrouces, and an overall lack of underwriting ability.

Go back to work now.
Subject Posted By Posted On
RE: Takin it again Ratemaker
Dec 15, 2008, 1:27 pm
Takin it again JOE Tax payer
Dec 15, 2008, 9:51 am
RE: I'm with Propaganda on this one Opserver
Dec 14, 2008, 5:57 am
Capitalism-common sense economy cannot handle it
Dec 13, 2008, 3:59 pm
AIG Liquidation Pricing triggers the fall of Capitalism A I Gone
Dec 13, 2008, 7:57 am
RE: I'm with Propaganda on this one Mary
Dec 12, 2008, 4:37 pm
RE: LEX actuary
Dec 12, 2008, 4:18 pm
RE: RE: LEX ...Pistol Pete actuary
Dec 12, 2008, 4:14 pm
RE: LEX David Larson
Dec 12, 2008, 2:21 pm
RE: RE: Insurance Industy is Corrupt! Ralph
Dec 12, 2008, 2:19 pm
RE: Insurance Industy is Corrupt! A Broker
Dec 12, 2008, 2:06 pm
RE: LEX JD
Dec 12, 2008, 1:41 pm
LEX Peter Polstein
Dec 12, 2008, 12:43 pm
RE: RE: RE: RE: RE: RE: RE: AIG Quote Publius
Dec 12, 2008, 12:11 pm
And who's getting the commision bonus this time? anon the mouse
Dec 12, 2008, 12:07 pm
RE: RE: RE: RE: RE: RE: AIG Quote Disappointed
Dec 12, 2008, 11:05 am
Insurance industry = corruption Chicago Politician
Dec 12, 2008, 10:56 am
RE: RE: Lex actuary
Dec 12, 2008, 10:36 am
RE: RE: Ins depts...A.M.BEST...Auditors Ratemaker
Dec 12, 2008, 9:41 am
RE: RE: RE: RE: RE: AIG Quote nobody important
Dec 12, 2008, 9:24 am
RE: RE: RE: RE: AIG Quote JD
Dec 12, 2008, 8:45 am
RE: RE: RE: RE: AIG Quote matt
Dec 12, 2008, 8:19 am
Shameful Amazed
Dec 12, 2008, 8:13 am
RE: RE: Lex WCAgent
Dec 12, 2008, 8:03 am
RE: RE: RE: RE: AIG Quote John
Dec 12, 2008, 8:03 am
RE: RE: RE: AIG Quote A REAL Underwriter
Dec 12, 2008, 7:50 am
RE: Lex Peter Polstein
Dec 12, 2008, 6:49 am
Lex actuary
Dec 11, 2008, 6:29 pm
RE: Insurance Industy is Corrupt! An underwriter
Dec 11, 2008, 6:00 pm
RE: RE: AIG Quote An underwriter
Dec 11, 2008, 5:44 pm
Insurance Industy is Corrupt! Chicago Politician
Dec 11, 2008, 5:27 pm
I'm with Propaganda on this one Chicago Risk Manager
Dec 11, 2008, 4:31 pm
RE: RE: AIG Quote IJ Staff
Dec 11, 2008, 3:54 pm
RE: AIG Quote an underwriter
Dec 11, 2008, 3:44 pm
AIG Quote Mark S
Dec 11, 2008, 3:39 pm
RE: Liberty Rating Downgrade JD
Dec 11, 2008, 3:38 pm
Liberty Rating Downgrade Industry Observer
Dec 11, 2008, 3:35 pm
No more Bailouts Kent
Dec 11, 2008, 3:22 pm
RE: RE: RE: Liberty is the worst at giving away accounts on New York Agent
Dec 11, 2008, 3:16 pm
RE: Ins depts...A.M.BEST...Auditors Vanessa
Dec 11, 2008, 3:05 pm
RE: RE: AIG Pricing JD
Dec 11, 2008, 2:21 pm
RE: RE: Liberty is the worst at giving away accounts on pric Validator
Dec 11, 2008, 2:20 pm
RE: AIG Pricing DJS
Dec 11, 2008, 2:02 pm
Ins depts...A.M.BEST...Auditors I want to know
Dec 11, 2008, 1:36 pm
RE: Oh, a model. I feel better then. Stats Person
Dec 11, 2008, 1:24 pm
To the few that said we should bail out AIG Baxtor
Dec 11, 2008, 1:22 pm
An answer to 'Question' David
Dec 11, 2008, 1:16 pm
Who are the Reponsible Insurers? Curious George
Dec 11, 2008, 1:16 pm
RE: Liberty is the worst at giving away accounts on price Mike
Dec 11, 2008, 1:15 pm
Liberty is the worst at giving away accounts on price New York Agent
Dec 11, 2008, 1:11 pm
RE: Propaganda Peter Polstein
Dec 11, 2008, 12:59 pm
Buying Decisions David
Dec 11, 2008, 12:52 pm
Oh, a model. I feel better then. Pat Beranger
Dec 11, 2008, 12:50 pm
who else was slashing prices? susan salas
Dec 11, 2008, 12:47 pm
RE: RE: Propaganda from Liberty (of all people) Donna Towson
Dec 11, 2008, 12:35 pm
The Truth Hurts Indy
Dec 11, 2008, 12:33 pm
RE: Stale. Vanessa
Dec 11, 2008, 12:28 pm
Propaganda Long Time Broker
Dec 11, 2008, 12:28 pm
Question American Taxpayor
Dec 11, 2008, 12:25 pm
Competition Seen It
Dec 11, 2008, 11:39 am
RE: Propaganda Cassandra
Dec 11, 2008, 11:37 am
RE: Propaganda Left around to the Right
Dec 11, 2008, 11:22 am
Stale. Eric B
Dec 11, 2008, 11:22 am
Propaganda John W.
Dec 11, 2008, 9:56 am
Back to article

Post a Comment

.