A.M. Best lost any value it had about 10-15 years ago. They’ve had a number of carriers on NEGATIVE wAtch for several months, and nothing. Absolutely nothing. Too chicken.
Isn’t this the same A M Best Company that gave the AIG credit swaps a AAA rating? Didn’t those ratings allow AIG to sell the instruments and didn’t those ratings help us get into the financial mess we’re in today?
A.M. Best lost any value it had about 10-15 years ago. They’ve had a number of carriers on NEGATIVE wAtch for several months, and nothing. Absolutely nothing. Too chicken.
Isn’t this the same A M Best Company that gave the AIG credit swaps a AAA rating? Didn’t those ratings allow AIG to sell the instruments and didn’t those ratings help us get into the financial mess we’re in today?