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Sound Risk Management, Strong Investment Results Prove Positive for P/C Industry

National News • April 18, 2006
U.S. property/casualty insurers managed to increase earnings and add to their capital base in 2005 despite record catastrophe losses, according to ISO and the Property Casualty Insurers ...

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Subject: Not the entire P/C industry

Posted On: April 19, 2006, 10:45 am CDT
Posted By: tribbs
Comment:
Let me start by stating I only read about the first half of the article, so you can decide how much merit my post has but the insurers with risks located solely in the state of Florida are seeing the "Positive Results," and it has little to do with Sound Risk Management (unless Sound Risk Management is not insuring property in the state of Florida). Over a dozen powerful storms in just over a year's worth of time does a lot to suck dry an insurer's capital despite risk management and high investment returns. Insurers limiting biz to FL risks, like the Poe group, got their a$$es kicked and are far from the Positive Results of any kind.
Subject Posted By Posted On
RE: Not the entire P/C industry(correction) tribbs
Apr 19, 2006, 10:47 am
Not the entire P/C industry tribbs
Apr 19, 2006, 10:45 am
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