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S&P: U.S. Commercial Lines Outlook Revised To Negative From Stable

National News • August 14, 2008
Standard & Poor's Ratings Services revised its outlook on the U.S. commercial lines property/casualty insurance sector to negative from stable. Standard & Poor's credit analyst John Iten explained ...

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Subject: WAKE UP ALREADY !

Posted On: August 14, 2008, 3:08 pm CDT
Posted By: Ahead of the curve
Comment:
Are you kidding? This is news? Cincinnati is about to go in the tank, because of Fifth Third Bank. Old Republic already IS in the tank. (note Great West, Bituminous and a couple of others are a part of that group) Philadelphia sold! And 2 other Eastern regional carriers (you guess-I'll leave them nameless) should be sold or merged before the end of 2008. The Iowa regionals are ALL stinging. Liberty and Traveler's continue to be strong - or any other carrier owned by a foreign parent. Our agency is watching cautiously to see who will have their doors open to new business in 2009.
Subject Posted By Posted On
More. Ben T.
Aug 21, 2008, 5:09 am
Hanover or Cincy Cincy Watcher
Aug 16, 2008, 6:39 am
WAKE UP ALREADY ! Ahead of the curve
Aug 14, 2008, 3:08 pm
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