Affirmative Acquires Assets of Mich. Underwriting Agency

June 21, 2005

  • June 21, 2005 at 7:04 am
    jack says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    I was joking a little bit. I’ve heard similar reports on them.

  • June 21, 2005 at 4:42 am
    jack says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    Looks like a fire sale to me. $20,000,000 at 15% would be $3,000,000 in revenues. This looks like about .6 times when most are going for a minimum of 1 times. They should have contacted Brooke.

  • June 21, 2005 at 6:37 am
    Mark says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    Brooke is a rip. And they’re a pain in the rear to deal with. Too unuser friendly for writing new business.



Add a Comment

Your email address will not be published. Required fields are marked *

*