Can you believe that AIG(American International Group), one of the countries largest providers of auto, life, heath, and term life insurance is now 80% owned by the US Taxpayers? At ConectUS Insurance Services we were always impressed with the quality of the AIG insurance products. I hope the fact that the US Government is providing $80 Billion in bridge loans will not affect the the service of the AIG. Is this the end of the collapsed companies for awhile? Will the stock market continue to decline as other companies melt down? Was AIG insuring losses sustained by Countrywide?
Should we look to Genworth to provide our term life insurance products now?
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