Buyers of risk protection should read insurance headlines skeptically, carefully study their options before making choices, and understand that the current insurance industry situation, in the wake of an AIG bailout, is fluid, leading brokerage representatives said.
Their remarks came during Part Two of RIMS' "Risk Management Strategies in an Unsettled Financial Market" webinar.
Joe McSweeney, president of the U.S./Canada Division of Marsh Inc., speaking to the state of the AIG situation, said clients have been asking many questions of Marsh, and he noted that people should be careful when relying on media reports for information.
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