Posted On: June 18, 2009, 2:43 pm CDT

Posted By: WCFL Agent

Yes I did read the entire article, not sure of your point. Most of the actions described were taken by SF themselves ie nonrenewals, no longer writing new business etc. As far as the failing domestics, I'm saying that they must run their company in a reasonable fashion or risk going under, but that is not limited to just small carriers. If you write too much exposure in a limited geographic area that is hurricane prone (Florida) you might want to rethink your plans. I just don't agree with their continued whining and complaining about not getting their rate increases and wanting special treatment with this bill. If they want to deregulate rates (which I have always ageed with) then make it for all carriers, not just a chosen few. Then let the DOI make sure they all meet financial standards to help ensure their survival whether they are large or small or somewhere in between.