I’m curious….did they hold a gun to the Lexington underwriter’s head? How did they “force” the broker and underwriter to submit a competitive bid from a new carrier? And since this is a news-worthy item, in the interest of openness and full reporting, shouldn’t we know who the prior carrier was?
If the international market price of gas causes a drop in price at the pump, should I jump out of my car and proclaim to the world that I forced the gas station owner and the pump attendant to give me a better price for my gas?
It’s a press release – what would you expect it to say……..Pa reluctently accepted much higher deductibles in order to save premium on their property renewal? Or are we to believe that the Lex underwriter just found out the hard way how much $$ was left on the table?
Do the math on this – looks like a ROL in the area of 2 cents
I’m curious….did they hold a gun to the Lexington underwriter’s head? How did they “force” the broker and underwriter to submit a competitive bid from a new carrier? And since this is a news-worthy item, in the interest of openness and full reporting, shouldn’t we know who the prior carrier was?
If the international market price of gas causes a drop in price at the pump, should I jump out of my car and proclaim to the world that I forced the gas station owner and the pump attendant to give me a better price for my gas?
WHO IS THE BROKER FOR THE PORT AUTHORITY
Someone actually wakes up and gets competitive bids on the Commonwealth’s Insurance. How novel! And we have been ripped off for years, I’ll betcha.
Good to see a female owned business gets
to write a piece of this after the account
has languished for how long under whose
supervision?
Absolutely insane!
It’s a press release – what would you expect it to say……..Pa reluctently accepted much higher deductibles in order to save premium on their property renewal? Or are we to believe that the Lex underwriter just found out the hard way how much $$ was left on the table?
Do the math on this – looks like a ROL in the area of 2 cents