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U.S. P/C Industry Posts Record 1Q Profits; Net Gain on Underwriting Rises Nearly 21%

National News • June 28, 2006
The U.S. property/casualty industry's net gain on underwriting rose $1.4 billion, or 20.8 percent, to $8.4 billion in first-quarter 2006 from $6.9 billion in first-quarter 2005. The combined ratio ...

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Subject: Oh-oh

Posted On: June 29, 2006, 12:35 pm CDT
Posted By: LLCJ
Comment:
3 bad things are going to come of this news:

1. The consumer groups are going to start yelling and screaming that the insurance companies are not allowed to make profits! After all, you know, car insurance should be free.

2. Trial lawyers are going to say that we don't need tort reform.

3. The soft market is coming! It's
ba-a-ack!
Subject Posted By Posted On
Can Deceptive Claim Handling Practices = Greater Profits? Roger Poe
Jul 4, 2006, 4:53 pm
Oh-oh LLCJ
Jun 29, 2006, 12:35 pm
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