Thread regarding AIG (American Intl Group Inc.) layoffs

Exactly right, there is no synergy at all from the top down. A decision is made and broadcast to brokers and the way employees find out is when they get the angry call. It is a great way to pi-s off not only your brokers, but the employees who are supposed to defend the asinine decisions that are being made.

You know what else is great? When a well respected employee that has been working at PCG for years leaves and no one knows because management doesn't talk about folks that leave. Again, employees find out their co-workers have left because a broker calls and informs them. It really instills a sense of comfort.

PCG is rotten to the core. It is a good thing upper management is paying off their top brokers to convince their client that PCG is a decent company, or this place would have closed its doors by now. You have to wonder about the integrity of a broker that pushes PCG just to earn extra commission when they know PCG is a substandard company.

Another mortatorium in PCG with communication to employees just a few minutes before releasing to agents and vague talking points. SMH. Wonder what this Monday has in store.

If the CEO sends out Rosa Parks quotes that means she cares right? I think that is what we are supposed to believe?

PCG hasn't been healthy for a very long time. Unfortunately, the current leader of PCG has insulated herself with friends and if you are not part of that group you are ostracized.

This has led to a level of disfunction that PCG has never experienced. You can't turn around an entire ship if you forget about the sailors.

PCG would be better off going the way of L&R.

Look at the population of people let go from that team over the past few years. Tells you everything you need to know about the commitment to D&I.

Funny, sad, very true

Let me just table set this for you, lol:

You have a wealthy white woman who was given her role because she is lifelong friends with PZ. She dresses like a 1980's soap opera queen and speaks in a condescending voice like Mr. Howe from Gilligan's Island. Like AIG as a whole, she has been leading PCG for several years and the company fails to return a profit almost every quarter. It's always because of those darn CAT losses. That's astounding that you just figured that out! You write insurance for rich people that live on the ocean and in wildfire regions. So the plan is to non-renew the heart and soul of your business on the admitted side, then turn around and offer coverage at 3x's the premium on the non-admitted side to the same customers and you think brokers and clients are just going to say okay I'll stay with AIG? PCG is essentially kicking the brokers and customers when they are down because they are banking that folks in California and other coastal states won't have another option so they will have to pay whatever PCG wants to charge. People remember strong arm tactics. I think PCG is learning that there are other options and clients will pay more premium, just not to PCG because they now despise the company.

Even if you continue to bribe your top brokers with extra commission, it doesn't do any good if the client hates PCG. PCG needs to be sold to a company that can properly manage their unique clientele. This group is in way over their heads.

Any talk or show of diversity by any company exec is virtue signaling. They don't really care. They just want to look good. They are all hypocrites and sc-m.

You are absolutely correct. The ship is sinking. They are non-renewing business in entire states not just individual policies, but entire states. They expect brokers to still support their company. Good luck with that approach.

Just sell to Berkshire Hathaway already and get it over with.

I hope that I'm wrong but PCG employees may have more significant concerns with the direction of the organization in the future.