Insurance companies are s-l-o-w to figure out they are losing money. My guess is it will take most of 2009 for them to realize they were losing money at the end of 2007. It’s like their nerve endings are dead and they can’t feel the pinch until they are way in over their heads. In the meantime, buyers delight and the rest of us, well…..!
Insurance companies are s-l-o-w to figure out they are losing money. My guess is it will take most of 2009 for them to realize they were losing money at the end of 2007. It’s like their nerve endings are dead and they can’t feel the pinch until they are way in over their heads. In the meantime, buyers delight and the rest of us, well…..!