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Insurers' Income, Surplus Rise Despite Record Catastrophe Losses

National News • December 28, 2005
The U.S. property/casualty insurance industry's net income after taxes rose 4.4 percent, or $1.2 billion, to $28.8 billion in nine-months 2005 from $27.6 billion in nine-months 2004. Reflecting ...

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Subject: what's wrong with profit?

Posted On: January 3, 2006, 9:36 pm CST
Posted By: LL
Comment:
Why the condemnation when insurance companies make large profits, and applause when GE or Walmart do the same? You may decide you want to be insured by a company not making any money; I want the company that insures my home to be profitable, at least I don't have to worry about getting dropped because of insolvency.
Subject Posted By Posted On
what's wrong with profit? LL
Jan 3, 2006, 9:36 pm
interesting points Johnny
Dec 30, 2005, 8:00 am
RE: Increase in Insurers Income and Surplus Roger Poe
Dec 29, 2005, 5:15 pm
Increase in Insurers Income and Surplus Southern Gent
Dec 29, 2005, 2:35 pm
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