Home > Talkback
National News

Viewing comments for:

S&P Affirms State Farm Ratings, But Revises Outlook to Negative

National News • March 4, 2009
Standard & Poor's Ratings Services has affirmed its 'AA' counterparty credit and financial strength ratings on State Farm Mutual Automobile Insurance Co. and all of its core companies, including ...

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

Subject: Should overpayment to executives be considered?

Posted On: March 4, 2009, 4:20 pm CST
Posted By: Concerned
Comment:
With the outlook to negative shouldn't the executives be reducing their salaries and bonuses? But instead you see CEO Rust and his top 8 executives again increasing their pay. The top 9 executives were paid over $49 Million in 2008. Rust himself got an $11 Million bonus. How much would they pay themselves if they actually increased the capital as they should be doing?
Subject Posted By Posted On
RE: Should overpayment to executives be considered? nobody important
Mar 5, 2009, 9:24 am
Should overpayment to executives be considered? Concerned
Mar 4, 2009, 4:20 pm
RE: RE: S&P revises outlook to negative LuckyToBeAlive
Mar 4, 2009, 3:50 pm
RE: S&P revises outlook to negative Hiawatha
Mar 4, 2009, 3:03 pm
S&P revises outlook to negative concerned
Mar 4, 2009, 1:57 pm
Back to article

Post a Comment

.