A.M. Best: P/C Industry’s Earnings Down 87% in Q1

July 9, 2009

  • July 9, 2009 at 2:06 am
    Watcher says:
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    I suspect that PL carriers who are rolling with lower than average rates will have to come to their senses… Right?

  • July 9, 2009 at 2:39 am
    upset says:
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    A.M. Best says earnings fell 87% in first 3 months………….Remind me again, what did A.M. Best say about the financial ratings of the AIG credit default swaps? If they missed that 800 pound gorilla, what makes you think they could be correct today?

  • July 9, 2009 at 4:03 am
    Watcher says:
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    Good point. They haven’t exactly shown themselves to be the greatest evaluators.

  • July 10, 2009 at 7:32 am
    reaper says:
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    When has this industry ever come to its senses? Obama International Group (OIG)is on its way.



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