Ratings Roundup: MAPFRE Florida, Selective (stock/debt)

October 23, 2009

  • October 25, 2009 at 7:45 am
    NJ Tigger says:
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    Are they sold yet?

  • October 27, 2009 at 7:45 am
    Wisconsin Agent says:
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    They are a good company – about to be sold.

    At least that is what I’ve heard on the street, from reliable sources. (other regional mrktg reps) Also, look at their field, people have been jumping off this ship for several months. And they did not open their River Region branch office, or whatever it was going to be called in the Midwest.

    We’ve stopped putting business with them until they make up their mind about what they are going to do.

  • October 27, 2009 at 3:21 am
    missinsurance says:
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    Why would you ask that question?? They are a good company.

  • October 28, 2009 at 8:55 am
    Minnesota says:
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    They shipped David Bond and his entire family to Madison, WI to open a full service branch office and it never happened. The Midwest is bleeding them, and their best people have all left. Or are about to leave. they’re great in the East, but not so much anywhere else, unless they can buy the business. We stopped putting business there sometime ago.

  • October 29, 2009 at 6:44 am
    missinsurance says:
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    I have not heard any of those rumors. Hmmm, I wonder who would buy them? They a regional carrier and their market share in some area’s is less then 1%. They are turing a profit, maybe they could just weather this storm and come back stronger then ever. It’s possible that they will lay off instead of just sell . I guess we have to wait and see..



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