Now that Ed Liddy has decided to quit his thankless job as a lightening rod for everyone seeking someone to blame in the AIG government bailout debacle, the big question becomes who in their right mind would want to sit in the hot seat he is vacating?

In case you haven’t heard, Mr. Liddy announced that he would be stepping down as both chair and CEO of the beleaguered American International Group as soon as his board can find replacements.

Yes, I used the plural–replacements–because Mr. Liddy suggested (and the board wisely agreed) to split his two posts. That’s perhaps the most important news here.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • All news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including and

Already have an account?



Join PropertyCasualty360

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

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

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2023 ALM Global, LLC. All Rights Reserved.