So much for the “managed competition” plan which was supposed to prevent carriers from increasing rates without justification. A 2% increase for those who meet certain “conditions”, but how much of an increase for those who do not meet those “conditions”? A 15% for Comp & collision is likely excessive in any market for any risk but then again, we let C&C premiums subsidize liability losses.
It has been said that it is better to remain silent and be thought dumb, than to speak and remove all doubt.
Just so even you understand this, “bleading” is spelled “bleeding”.
So much for the “managed competition” plan which was supposed to prevent carriers from increasing rates without justification. A 2% increase for those who meet certain “conditions”, but how much of an increase for those who do not meet those “conditions”? A 15% for Comp & collision is likely excessive in any market for any risk but then again, we let C&C premiums subsidize liability losses.
the bleading hearts strike again
To “Mark”
It has been said that it is better to remain silent and be thought dumb, than to speak and remove all doubt.
Just so even you understand this, “bleading” is spelled “bleeding”.