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Consumer Group Says P/C Rates Drop 'Irrespective' of Tort Reform Enactment

National News • October 26, 2006
The latest insurance industry data show continuing evidence that the skyrocketing insurance rates of 2000 to 2003 have led to record industry profits but commercial insurance rates have stabilized ...

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Subject: Hunter is right but he didn't say why

Posted On: October 27, 2006, 11:27 am CDT
Posted By: media mogul
Comment:
Yes, rates do not well relate to losses. And yes the market rules. The result has been insurance company bankruptcy or consolidation. Continental, big Aetna, little Aetna, Travelers part 1, Home, Highlands, Kemper, etc.

Maybe in retrospect we could do with a bit more regulation as the market is consolidating into a few bully companies. Obviously, the regulation is uninformed and incompetent. The fact that the prior comments are so off the mark shows we have a lot of self-assessment and education to accomplish in this industry. But it won't happen.

Enough carping--what to do about it?
Subject Posted By Posted On
Hunter is right but he didn't say why media mogul
Oct 27, 2006, 11:27 am
Insurance Racism W. M. Wilson
Oct 26, 2006, 8:34 pm
RE: P/C Rate drops irrespective of my cat having new kittens Rocco
Oct 26, 2006, 4:44 pm
maybe Oprah can help Chad Balaamaba
Oct 26, 2006, 4:02 pm
RE: RE: According to J. Robert Hunter, ... Give the guy a break!
Oct 26, 2006, 3:50 pm
RE: According to J. Robert Hunter, ... Larry Krause
Oct 26, 2006, 3:05 pm
Another Take JB
Oct 26, 2006, 2:55 pm
Rates Tom
Oct 26, 2006, 2:11 pm
According to J. Robert Hunter, ... Actuary
Oct 26, 2006, 2:01 pm
A.I.R. - Ignorant or Just Plain Stupid? Bret
Oct 26, 2006, 1:29 pm
P/C Rate drops irrespective of my cat having new kittens aaaysy
Oct 26, 2006, 1:13 pm
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