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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: Hard Market??

Posted On: June 30, 2009, 5:25 am CDT
Posted By: WI Agent
Comment:
At least Traveler's DOES have a combined ratio that has been running very profitable. Meanwhile Hartford and AIG take billions from the government, and they lead the charge of aggressive pricing because they have a government-funded foundation. Nice. Thank you Democrats. And meanwhile, these little regional mutuals are so blinded by their own appetite to grow that they completely ignore the trouble they're in. I lived through the massacre of carriers in the mid-80's and this is going to come darn close.
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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