The market has been buzzing about AIG's commercial insurers allegedly underpricing their coverage beyond all sound judgment to overcome the reputational damage done by their corporate parent's federal bailout. But two government representatives gave the carrier a clean bill of health of sorts, chalking up any premium declines to old-fashioned competition. Did they miss the boat, wonders NU Editor In Chief Sam Friedman in his blog today at www.NUSamSoapbox.com.
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