Withering on the vine
June 21, 2013 by Arthur D. Postal
It is a “trillion-dollar question:” When will the Federal Reserve Board change its monetary policy and allow interest rates to edge up from their current scrapping-the-bottom-of-the-barrel levels? That’s how Robert Benmosche, president and CEO of American International Group, described the wrenching challenge driving the insurance world, whether it be carriers, agents, customers, investors, regulators, marketing experts or rating agencies.
Ratings agencies feel the same. Click here to read…