Posts Tagged ‘ policy ’

Your insurance policy is — probably — safe

Sep 25th, 2008 | By Hot News Reporter | Category: Insurance Today

Worried about AIG’s tumble? Here are some steps you can take
After the Federal Treasury announced its $85 billion bail-out of American International Group last week, many consumers wondered if their insurance policies were safe.
AIG requested the massive loan because of a cashflow crunch, due to bad investments in mortgage derivative products, which could bankrupt its [...]