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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: RE: Excess Profits

Posted On: February 20, 2008, 4:54 pm CST
Posted By: joe
Comment:
The excess profits laws applies in all commercial lines of insurance--perhaps also personal lines. If you have one really bad year that negates the previous 20 years it is just too bad. "That is what insurance is for." So, you can make 5% underwriting profit in any given 3 year period, which is probably adequate, but over time you can never make an adequate profit in any line in Florida.
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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