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Commercial P/C Premiums Drop, Underwriting Relaxes, Survey Finds

National News • April 23, 2007
Commercial property/casualty premiums for all sizes of accounts dropped sharply during the first quarter of 2007, with indications that insurance companies are starting to loosen underwriting ...

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Subject: RE: market

Posted On: April 24, 2007, 4:24 pm CDT
Posted By: Seen it all
Comment:
I love how they blame us poor underwriters for ignoring losses and slashing prices! Blame it on the financial wizards in managment! I have been doing this for over 20 years, and the underwriters are usually the ones trying to bring some sanity to the coverage and pricing decisions - it's the upper management bean counters that keep hounding you and overriding your decisions in order to write business at any cost.
Subject Posted By Posted On
RE: market Seen it all
Apr 24, 2007, 4:24 pm
market sold out
Apr 23, 2007, 8:58 pm
PC market Peter Polstein
Apr 23, 2007, 1:29 pm
Loosen? The pants are down around their ankles! Big Insurance
Apr 23, 2007, 1:06 pm
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