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6 Fla. Workers' Comp Cos. Ordered to Refund 'Excess' Profits

Southeast News • February 20, 2008
Florida Insurance Commissioner Kevin McCarty has ordered six workers' compensation insurance companies to return $4.2 million in what his agency says are excessive profits to their ...

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Subject: Can you have excess profits?

Posted On: February 20, 2008, 3:15 pm CST
Posted By: lastbat
Comment:
I always thought we lived in a capitalistic society (for the most part). I can't really say there's any such thing as "excess profit". Especially if the margin your looking at is only 5%. That's barely enough to grow on. Let them have their profits. Eventually the company will have a terrible year and need the money. Or the stock-holders can get rich; either way it's better than this.
Subject Posted By Posted On
RE: RE: RE: Excess Profits TAR
Feb 22, 2008, 7:32 am
RE: RE: Excess Profits Ratemaker
Feb 22, 2008, 7:13 am
RE: America or Cuba? Shared Misery
Feb 21, 2008, 10:15 am
RE: Can you have excess profits? Stat Guy
Feb 21, 2008, 9:10 am
RE: Excess Profits joe
Feb 20, 2008, 4:54 pm
Excess Profits Larry Napoletano
Feb 20, 2008, 3:24 pm
Can you have excess profits? lastbat
Feb 20, 2008, 3:15 pm
America or Cuba? Vlad
Feb 20, 2008, 2:26 pm
RE: Excess Profits - Let's apply this to ALL forms of Bus. Derivatives101
Feb 20, 2008, 1:08 pm
RE: RE: RE: Excess Profits Tar
Feb 20, 2008, 12:50 pm
RE: RE: Excess Profits Key West Agent
Feb 20, 2008, 12:46 pm
RE: Excess Profits CT
Feb 20, 2008, 12:40 pm
Refund allocation to policyholder dot_hemath
Feb 20, 2008, 12:28 pm
Excess Profits Karen
Feb 20, 2008, 11:42 am
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