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?
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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?