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#1
May 7th 06, 05:22 AM
posted to rec.aviation.soaring
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SSA group insurance policy for Non owned Glider.
Did anyone else get a letter from AIG underwriting indicating that at
renewal, " policy may have a significant premium increase and / or change (s) in policy conditions or coverages"? Letter came from a Robert Lombardo, underwriter with AIG Tempe AZ. Rich 
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#2
May 8th 06, 03:37 PM
posted to rec.aviation.soaring
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SSA group insurance policy for Non owned Glider.
On 6 May 2006 21:22:50 -0700, "rich" wrote:
Did anyone else get a letter from AIG underwriting indicating that at renewal, " policy may have a significant premium increase and / or change (s) in policy conditions or coverages"? Letter came from a Robert Lombardo, underwriter with AIG Tempe AZ. Rich Yes, I received this letter last week. I haven't yet called Costello to get the details. Jim
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#3
May 8th 06, 04:19 PM
posted to rec.aviation.soaring
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SSA group insurance policy for Non owned Glider.
Jim wrote:
On 6 May 2006 21:22:50 -0700, "rich" wrote: Did anyone else get a letter from AIG underwriting indicating that at renewal, " policy may have a significant premium increase and / or change (s) in policy conditions or coverages"? Letter came from a Robert Lombardo, underwriter with AIG Tempe AZ. Rich Yes, I received this letter last week. I haven't yet called Costello to get the details. I've been receiving similar letters from USAIG (not the same company as AIG, by the way) just before renewal for years. In addition, I believe they leave open the option of canceling coverage altogether (but never do). Here in California, anyway, it's apparently a side effect of state insurance regulations enacted a few years ago... Marc
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#4
May 26th 06, 05:54 PM
posted to rec.aviation.soaring
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SSA group insurance policy for Non owned Glider.
It is meaningless.
It's now required to be sent by any Ins. Co. (at least in CA) that MIGHT make changes to your policy at renewal. The problem is now EVERY insurance company makes it SOP for EVERY renewal rendering the disclosure completely meaningless. Just another example of Polititian's poorly thought-through regulations that increase the cost of insurance to us without providing ANY benefit. Kris
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