AIG Still Has Work To Do, Says Chairman Miller

By Zachary Tracer, Bloomberg | April 9, 2014

  • April 9, 2014 at 2:27 pm
    Agent says:
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    They are still a thug company no matter what they say about how they have turned it around. I wonder why they cut jobs and shifted others to lower cost locations. State Farm has already done that and sent people to DFW on a big expansion at a lower cost location. Perhaps taxes in NY has something to do with that.

    • April 10, 2014 at 3:49 am
      Neal says:
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      They are moving the jobs offhsore to the Phillipines and Malaysia, the current Senior Management has destroyed a once great company that allowed for creative solutions.

      Now they are trying to run it like a life insurannce company with a Wall Street flunky trying to manage the P&C results like monitoring mortgage rates.

      They has been and will continue to be a major brain drain at this company.

      • April 10, 2014 at 9:23 am
        Agent says:
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        Didn’t they lose a number of top underwriting talent to Warren Buffet?

        • April 10, 2014 at 10:49 am
          Insurance 102 says:
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          Yes, Peter Eastwood and a group of high management at Lexington started Berkshire Specialty.

  • April 9, 2014 at 4:37 pm
    Insurance 102 says:
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    The giant sucking sound is the American taxpayer’s dollars being spent for an irresponsible bailout.

    AIG consumer’s would not have been hurt. Existing insureds would have found coverage at premium, coverage and conditions commensurate with exposure.

  • April 9, 2014 at 4:37 pm
    Insurance 102 says:
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    s/b policyholders and not consumers.



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