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Report: Underwriting Hurt Insurers' Bottom Lines in 2007

National News • April 11, 2008
Steep declines in underwriting profits hurt bottom lines for property casualty insurers, which saw their 2007 profits slip slightly from a year earlier, a new report from three industry groups ...

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Subject: SHAME on IJ for the "spin" of this story! What HURT?!

Posted On: April 11, 2008, 1:23 pm CDT
Posted By: Old Pro
Comment:
How does IJ spin the story of enormous profits into "Underwriting HurtInsurer's Bottom Lines in 2007". Carriers turned $61B in profits -- with the LOWEST COMBINED RATIO in recent history (best was in 1959!). Who is hurting? Not me, not my clients, not the carriers. The bottom line is strong, the market remains soft, and pricing will continue soft as long as the carriers continue to make money. Seems to me NO ONE is hurting, especially the carriers. They have plenty of $$ now to put into surplus, maintain and/or incresae their "Best Rating" and weather any further storms coming along. Hurting? Baloney!
Subject Posted By Posted On
Here's the fix The fixer
Apr 14, 2008, 10:13 am
RE: RE: RE: RE: SHAME ON OLD PRO PHILYAW
Apr 11, 2008, 6:31 pm
RE: RE: RE: RE: SHAME ON OLD PRO WATCHING THE BLIND
Apr 11, 2008, 6:30 pm
RE: RE: RE: SHAME ON OLD PRO Old Pro
Apr 11, 2008, 2:09 pm
RE: RE: SHAME ON OLD PRO Blame the underwriters...again
Apr 11, 2008, 2:08 pm
RE: RE: SHAME ON OLD PRO Old Pro
Apr 11, 2008, 2:07 pm
RE: SHAME ON OLD PRO Nobody Important
Apr 11, 2008, 1:53 pm
SHAME on IJ for the "spin" of this story! What HURT?! Old Pro
Apr 11, 2008, 1:23 pm
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