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Liberty Mutual's Profit Dips Almost 7% in 2007

National News • February 11, 2008
Liberty Mutual Group said its 2007 profit dipped nearly 7 percent compared with unusually strong 2006 results, as greater insurance industry competition led to pressure to cut policyholder ...

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Subject: Leading the way to the bottom again!

Posted On: February 11, 2008, 2:20 pm CST
Posted By: libmut4ever
Comment:
Yep'n! Lib Mut is at it again giving irresponsibly low pricing to agency clients to grow their direct book. They'll also eventually move in on any business you place with them through the agency outlets--but that of course is just coincidence.

Congrats, guys, on once again leading the way to pricing collapse and further market instability. And how are the mortgage backed securities in your portfolio doing anyway? Report that voluntarily and you will indeed be leading the industry in at least one useful way.
Subject Posted By Posted On
Leading the way to the bottom again! libmut4ever
Feb 11, 2008, 2:20 pm
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