I wonder why articles like this are so vague. Everyone talks about “soft” market, but no one says WHY?? All I hear are clients saying, “well Warren Buffet says so”….. I laugh, as if I owned what he does, I too would want to market my companies for free. Soft market exists only for certain lines, basic, easy stuff that everyone wants to write. But how about the stuff no one wants??
If it is such a soft market, why in the world is no one willing to write my EIFS contractors.. Hahahaha!!!!
Oh, that comment was just ignorant. Have you run up against Traveler’s or Liberty on a mainstreet piece of biz lately? We just lost a $500,000 “heavy” contractor, with $400,000 a year in losses. We told the insured to expect sanity in the market, but welcomed him to go to market. CINCY writes the danged thing for $450,000 !!! And Traveler’s quoted $475,000. Yeah, it’s soft !!!
Can we just take an idiot poll? Let’s start with the “nationals” that own regional operations and are buying business on the street with ZERO underwriting. Then we can start listing the regionals that have eyes and appetite bigger than their stomachs can handle.
YES, THIS WILL ALL HIT THE FAN BY THE END OF THE 3RD QUARTER. BOARD OF DIRECTORS BEWARE !!
Sure they will..buffaloed again. Guaranteed. The fix is in already.
OK, Progressive written premiums down 4% and profits down 34% for the first quarter. Nuff said!
They’ll buy thier way out of it like they do everything else
I wonder why articles like this are so vague. Everyone talks about “soft” market, but no one says WHY?? All I hear are clients saying, “well Warren Buffet says so”….. I laugh, as if I owned what he does, I too would want to market my companies for free. Soft market exists only for certain lines, basic, easy stuff that everyone wants to write. But how about the stuff no one wants??
If it is such a soft market, why in the world is no one willing to write my EIFS contractors.. Hahahaha!!!!
Oh, that comment was just ignorant. Have you run up against Traveler’s or Liberty on a mainstreet piece of biz lately? We just lost a $500,000 “heavy” contractor, with $400,000 a year in losses. We told the insured to expect sanity in the market, but welcomed him to go to market. CINCY writes the danged thing for $450,000 !!! And Traveler’s quoted $475,000. Yeah, it’s soft !!!
Can we just take an idiot poll? Let’s start with the “nationals” that own regional operations and are buying business on the street with ZERO underwriting. Then we can start listing the regionals that have eyes and appetite bigger than their stomachs can handle.
YES, THIS WILL ALL HIT THE FAN BY THE END OF THE 3RD QUARTER. BOARD OF DIRECTORS BEWARE !!