AIG under investigation for charging too little

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American International Group(AIG Quote) is being investigated by New York and Pennsylvania on claims that it is using its leading position and government support to charge too little for coverage.

Insurers such as Chubb and Liberty Mutual are among some saying that AIG is under-pricing the market, according to Creditsights.

http://www.thestreet.com/story/10541499/1/...ver-prices.html

[The_Dude 1,142]

They have recently cut their rate by roughly 15%. Imagine that, a company using government funds to carry out a predatory pricing strategy.

[w¡n9Nµ7 §£@¥€r 123]

They have recently cut their rate by roughly 15%. Imagine that, a company using government funds to carry out a predatory pricing strategy.

[The_Dude 1,142]

If it is true, I think that is a uniquely american trait..... to find some sort of business opportunity in any situation, no matter how dire.