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SamCaricature-2Way back on Jan. 5, I peered into my crystal ball for the likely Top-10 Property and Casualty Insurance Stories of 2009. Before I reveal what turned out to be my actual picks here on Dec. 21, let’s see how accurate my predictions were:

#1: AIG’s Fire Sale Comes Up Short! I was right when I predicted that “AIG will continue to struggle against the restraints imposed by meddling members of Congress as it sells more subsidiaries at bargain prices to pay off its federal bailout loan.” However, my fear that AIG would require additional federal funds is thus far unfounded.

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