With jokes about American International Group getting morefrequent and increasingly vicious, AIG is taking steps to re-brandits property-casualty insurance operations. AIG insurers can run,but can they hide from their parent's toxic image?
When "Saturday Night Live" reported on the federal government'slatest commitment of another $30 billion to keep AmericanInternational Group out of bankruptcy, its fake news anchorannounced that AIG would use $15 billion to build the world'sbiggest toilet, then use that to flush the other $15 billion downthe drain!
When a caller to a New York radio sports talk show asked whetherthe Yankees had insurance to cover the $27.5 million salary ofinjured star Alex Rodriguez, the host said that if so, he hoped thepolicy wasn't with AIG, because it was probably worthless!
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
