Seeing some really krazy quotes flying around these days. Worked on a habitational risk, over $1mm in premium, lots and lots of claims.
A new broker came in with a quote of roughly half the expiring – !?!?! Half!It is exceedingly ridiculous in the marketplace these days.
So just what is this article trying to say? Have they seen the Midwest??? You ought to see some quotes coming out of Traveler’s, Allied, and Indiana. I don’t think that they know what underwriting discipline is! We’re sitting this one out, and we’ll scoop it all up when these clowns get out of the center ring.
Seeing some really krazy quotes flying around these days. Worked on a habitational risk, over $1mm in premium, lots and lots of claims.
A new broker came in with a quote of roughly half the expiring – !?!?! Half!It is exceedingly ridiculous in the marketplace these days.
Was the company QBE? I have seen a big change in their pricing lately. Not sure what caused their change in approach.
Had a similar account based in Kirkland, WA but handled by broker in Anchorage.
The cliams will eat the company alive so it will be back on the market in a year!
So just what is this article trying to say? Have they seen the Midwest??? You ought to see some quotes coming out of Traveler’s, Allied, and Indiana. I don’t think that they know what underwriting discipline is! We’re sitting this one out, and we’ll scoop it all up when these clowns get out of the center ring.