Perhaps AIG could use one of those life changing event laws, that the insurance industry has so ardently fought against. Laws designed to help consumers, who have fallen on hard times due to sudden life changing events.
Really…..They too where “asleep at the wheel”…….They are supposed to be the canary in the coal mine and THEY FAILED us along with AIG, Stockholders that only want profit at ANY COST (chickens come home to rooast), CEO’s, Congress and homeowners who are in homes they can’t afford and never could……..ect..ect…
There are many carriers in deep trouble. Only S&P, calling out Liberty Mutual, has really stepped up to these issues publicly. Lib Mutual, Hartford, Cincinnati, and several others need to be called out – and their financial conditions exposed. AM Best, in particular, is not doing their job. There are several carriers that should be moved from A+ or A, down to A- or B+ (several regionals are not in good shape – look out 2009!)
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Perhaps AIG could use one of those life changing event laws, that the insurance industry has so ardently fought against. Laws designed to help consumers, who have fallen on hard times due to sudden life changing events.
S & P states: “….exceeded their expectations”
Really…..They too where “asleep at the wheel”…….They are supposed to be the canary in the coal mine and THEY FAILED us along with AIG, Stockholders that only want profit at ANY COST (chickens come home to rooast), CEO’s, Congress and homeowners who are in homes they can’t afford and never could……..ect..ect…
GREED KILLS!!!!!!!!!!!!! It’s showing!!!!
There are many carriers in deep trouble. Only S&P, calling out Liberty Mutual, has really stepped up to these issues publicly. Lib Mutual, Hartford, Cincinnati, and several others need to be called out – and their financial conditions exposed. AM Best, in particular, is not doing their job. There are several carriers that should be moved from A+ or A, down to A- or B+ (several regionals are not in good shape – look out 2009!)