East News
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N.Y. Builders to Form Own Liability Insurer
East News April 12, 2004
Having seen the pool of private insurers selling them policies dry up, home builders in New York will provide their own coverage.
"We are taking matters into our own hands,'' said Phil LaRocque, ...
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| Subject | Posted By | Posted On |
|---|---|---|
| RE: Risk Purchasing Groups; Industry Captives | Jeff Jones | Apr 19, 2004, 11:30 pm |
| Cool contractor adjustors | Smitty | Apr 19, 2004, 2:47 pm |
| Homebuilders | Dan Lloyd | Apr 12, 2004, 8:21 pm |
| Risk Purchasing Groups; Industry Captives | DJS | Apr 12, 2004, 12:27 pm |
| Back to article | ||


Subject: Risk Purchasing Groups; Industry Captives
Let the private insurance market beware that they will lose market share and premium income never to be seen again. More industry groups should do the same thing and leave private insurance companies in the dust. Then lets see how much equity income the private insurance companies will show on their books.