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Financial and Housing Crises, Soft Market to Challenge Insurers in 2009

National News • December 4, 2008
The financial and housing crises, along with a prolonged soft market, are converging to create a highly challenging environment for the U.S. insurance industry in 2009, says an industry think ...

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Subject: RE: RE: 20/20 Hindsight

Posted On: December 5, 2008, 4:36 am CST
Posted By: MARKet WATCHer
Comment:
Mergers? Acquisitions? The 3 or 4 that I've been watching were supposed to happen already. Unfortunately, the failing market has actually taken pressure OFF of the performance of some of these carriers, as the focus has been on getting federal bail-out money. The stockholders will grow impatient in 2009, and there will be 2 significant mergers or acquisitions in 1st quarter. I see one or 2 Ohio regionals in play. I see an Iowa (1 or 2) regional going bye-bye. And there there is still one significant 'national' that could finally fall to the pressure of significant underperformance. Again, 2 of the above WILL happen in 1st quarter 2009. Just my prediction.
Subject Posted By Posted On
RE: RE: 20/20 Hindsight MARKet WATCHer
Dec 5, 2008, 4:36 am
RE: 20/20 Hindsight LARRY LOGIC
Dec 4, 2008, 1:44 pm
20/20 Hindsight Pat Beranger
Dec 4, 2008, 12:29 pm
Where do I send my resume? Thirg
Dec 4, 2008, 10:07 am
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