It has been reported that AIG units are slashing prices across all lines in order to win business. As an example, they have reduced their minimum premium on mid-market packages to $1,500, from a previous $2,500, the industry standard.
You get purchase D&O, EPLI, Crime, K&R, and Fidelity for $1500!
This is outrageous. As taxpayers, we are subsidizing this irresponsible underwriting.
Sunday, March 1, 2009
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment