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P/C Industry Posts $1.3B Loss in Q1; Combined Ratio Up to 102.2

National News • June 29, 2009
The property/casualty insurance industry suffered a $1.3 billion net loss after taxes for first-quarter 2009, which constitutes a $9.8 billion adverse swing from the industry's $8.5 billion in net ...

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Subject: RE: RE: Hard Market??

Posted On: June 29, 2009, 1:44 pm CDT
Posted By: Production Manager
Comment:
Hey, I don't want to lose my job. Full steam ahead. More policies equal higher bonuses for me.... Please don't raise the premiums. I need more bonus money to pay for my subprime mortgage that I got when I added the pool, Lexus and 3 kids college tuitions to my home loan. Hard markets only relate to reality, and that is not the American way. While I'm thinking about it, I'll see if I can get the claims area to lower a few of the reserves. That will justify my recommendation for another rate reduction.
Subject Posted By Posted On
Boohoohoo! Befuddled
Jul 6, 2009, 4:22 pm
RE: CNA "A" and Negative implication/outlook Dally Po
Jul 1, 2009, 5:39 am
CNA "first to go" ??? Taco John
Jul 1, 2009, 12:10 am
RE: RE: RE: RE: Hard Market?? bring it on
Jun 30, 2009, 1:21 pm
RE: RE: RE: Hard Market?? underwriter
Jun 30, 2009, 8:13 am
RE: Hard Market?? WI Agent
Jun 30, 2009, 5:25 am
Dumb things WI Agent
Jun 30, 2009, 5:11 am
Hard Market?? Broker
Jun 29, 2009, 5:50 pm
RE: RE: Hard Market?? Production Manager
Jun 29, 2009, 1:44 pm
RE: Hard Market?? Doctor J
Jun 29, 2009, 12:51 pm
Hard Market?? AZInsMan
Jun 29, 2009, 12:40 pm
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