X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
For years, it’s been standard operating procedure for many insurance carriers to fly their top producers to swank resorts, where business was discussed and relationships cultivated. But the party is literally over–at least for American International Group, following a brouhaha sparked by the company’s federal bailout.

Members of Congress were furious to hear reports about how executives at the cash-strapped AIG were getting spa treatments at expensive hotels, where high-performing agents were invited to talk strategy and enjoy some tender loving care on the carrier’s dime.

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.