Posted On: December 12, 2008, 11:05 am CST

Posted By: Disappointed

Wow - Everyone seems to feel pretty passionate about this article.

I am a P&C underwriter...and I work for AIG.

No one is more disappointed than my colleagues and I by our current circumstances, yet we continue to come into work each and every day and to do what we were hired to do. We do our jobs absolutely no differently than we did before this past September. We compete each and every day to retain renewals and to write new business and to do that in this market is a real challenge.

For outsiders to make such blatant comments that we are cutting rates across the board to retain businesss is completely unfounded. I have colleagues that have actually had authority for rate decreases taken away, while other colleagues are increasing rate or remaining flat. What is being reported are odd cases of rate cutting. A more balanced perspective would be appreciated but, let's face it, that's not news that sells now is it.

While I am trying to retain my composure I am particularly upset about trash talk by MRG. I am appalled that he could throw such stones at all the people who worked for him over the years and at the company he built. Make no mistake, the corporate values that he instilled under his leadership gave rise to this.

I find it equally interesting that Liberty seems to be attacking us for rate decreases when I recently lost a renewal to them and their price was less than 50% of us and all 3 other markets. Perhaps one should call into question the rate cutting they are doing.