Yep, you really are spot on here. Mr Wolin only accepted the position on the condition that TARP would be created and that The Hartford would be on top of the list of recipients. Would love to hear more of your conspiracy theories!
As an agent for Hartford for over 30 years, I can honestly say that Hartford goes through ebbs and flows, but always is looking to promote other distribution systems ahead of their best system of marketing their products through independent agents.Fortunatly I write a lot more business through other carriers. They use us as independent agents, because they need the independent distribution system to survive, not because they want us. We use them because they have been a leading insurance company, but I have always disagreed with their business model. The independent insurance agents contribute far more than an internet or phone quote.Hartford was one of the first insurance companies to undercut the agents through their AARP Program, now they have come to realize that even that program is demanding agents. They still sell direct over the internet cutting out the agents, and when they advertise you won’t see much advertisement if any for the agents. Yes I too am tired of baiing out insurance companies who think of themselves first and foremost. I spell what Hartford has done and continues to do GREED.Buying a bsnk to cash in is, now instead of undercutting the agents, is now undercutting the American Taxpayers (their consumers).
According to Forbes Magazine Mr. Ayer had the distinction of being voted #3 Poorest Performing CEO’s. It sure tells you something; I’ve thought he was arrogant, horrible towards agents, and had a crappy buiness plan for the last 10+ years my agency has represented them.
There’s more than a FOX in there – this is a “Mustang Ranch” how much longer are we as a “people” and “industry” going to stand for this crap – at every turn, it seems, we got “poked”! Seems the greedier the more one gets – think about who is paying the TAB for all of these numnuts! I for one am SICK OF IT and their wayward ways!
When they are bankrupt, how can they buy a bank. They had no money. Hartford is always trying to screw the independent agent. We should all boycot them.
Most posts on this website make for a poor impression of our industry. Never saw so many “independent” agents cry that their problems are caused by something or someone else. Always being screwed, underpaid, unappreciated…..I would bet the founders of your agency had a different perspective.
And just an aside, I think the proper spelling of Numb Nuts is two words.
We are seeing the effects of the spread the wealth mindset from Barak Hussein Obama. Let these companies be beholden to the Federal Government. However Federal Government has not concern as to where the money comes from (we taxpayers), the really have showed they do not care, power is all that matters.
Now Congress and the President are talking about increasing taxes and/or taxing health benefits to incorporate their socialistic Universal Health Insurance. All the money being doled out with bailouts and TARP, now Obama mission is for government takeover of healthcare. You guessed it, taxpayers are going to foot the bill and pony up more dollars for yet another Federal Government Ponsai Scheme. The $3.4 billion Hartford got pales in comparison to what the healthcare tab will be.
Welcome to the United Socialist States of America.
Well it’s an easy question to answer. Approximately one month ago Sec. of State Clinton delivered collateral to the Chinese Government. So if the U.S. were to default on their debt to the chinks they have the right to say a city or state of equal value to the debt owed.
Nice isn’t it.
My hat is off to the Hartford. While many of our major companies continue to flail away at their agents for falling GWP, this company is looking at the business much like the founder of Travelers did. Pay attention to where the country is going, and tag on to it not try to influence it for personal agrandizement.
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??? does this mean, since i was not able to from this year income taxes; can i claim this (tarp) and aig bailout money on the loss column of my taxes?
Yep, you really are spot on here. Mr Wolin only accepted the position on the condition that TARP would be created and that The Hartford would be on top of the list of recipients. Would love to hear more of your conspiracy theories!
Hopefully this was an attempt at humor…
As an agent for Hartford for over 30 years, I can honestly say that Hartford goes through ebbs and flows, but always is looking to promote other distribution systems ahead of their best system of marketing their products through independent agents.Fortunatly I write a lot more business through other carriers. They use us as independent agents, because they need the independent distribution system to survive, not because they want us. We use them because they have been a leading insurance company, but I have always disagreed with their business model. The independent insurance agents contribute far more than an internet or phone quote.Hartford was one of the first insurance companies to undercut the agents through their AARP Program, now they have come to realize that even that program is demanding agents. They still sell direct over the internet cutting out the agents, and when they advertise you won’t see much advertisement if any for the agents. Yes I too am tired of baiing out insurance companies who think of themselves first and foremost. I spell what Hartford has done and continues to do GREED.Buying a bsnk to cash in is, now instead of undercutting the agents, is now undercutting the American Taxpayers (their consumers).
According to Forbes Magazine Mr. Ayer had the distinction of being voted #3 Poorest Performing CEO’s. It sure tells you something; I’ve thought he was arrogant, horrible towards agents, and had a crappy buiness plan for the last 10+ years my agency has represented them.
There’s more than a FOX in there – this is a “Mustang Ranch” how much longer are we as a “people” and “industry” going to stand for this crap – at every turn, it seems, we got “poked”! Seems the greedier the more one gets – think about who is paying the TAB for all of these numnuts! I for one am SICK OF IT and their wayward ways!
When they are bankrupt, how can they buy a bank. They had no money. Hartford is always trying to screw the independent agent. We should all boycot them.
Most posts on this website make for a poor impression of our industry. Never saw so many “independent” agents cry that their problems are caused by something or someone else. Always being screwed, underpaid, unappreciated…..I would bet the founders of your agency had a different perspective.
And just an aside, I think the proper spelling of Numb Nuts is two words.
We are seeing the effects of the spread the wealth mindset from Barak Hussein Obama. Let these companies be beholden to the Federal Government. However Federal Government has not concern as to where the money comes from (we taxpayers), the really have showed they do not care, power is all that matters.
Now Congress and the President are talking about increasing taxes and/or taxing health benefits to incorporate their socialistic Universal Health Insurance. All the money being doled out with bailouts and TARP, now Obama mission is for government takeover of healthcare. You guessed it, taxpayers are going to foot the bill and pony up more dollars for yet another Federal Government Ponsai Scheme. The $3.4 billion Hartford got pales in comparison to what the healthcare tab will be.
Welcome to the United Socialist States of America.
Well it’s an easy question to answer. Approximately one month ago Sec. of State Clinton delivered collateral to the Chinese Government. So if the U.S. were to default on their debt to the chinks they have the right to say a city or state of equal value to the debt owed.
Nice isn’t it.
My hat is off to the Hartford. While many of our major companies continue to flail away at their agents for falling GWP, this company is looking at the business much like the founder of Travelers did. Pay attention to where the country is going, and tag on to it not try to influence it for personal agrandizement.