Improving pricing environment? HA! That’s laughable at best. I just lost a $40k account to FF who quoted less than half of expiring while more than doubling the policy limits. They’ve been doing this on EVERY account I’ve come up against them on and this one was NOT a clean account by any means and certainly not deserving of a 60% price reduction. They’re not the only carrier doing it either, just the worst I’ve seen personally.
I take reports like this with a grain of salt, especially when its moody’s reporting.
Anyone else seeing pricing in the market that is contrary to what this article states? It makes me wonder what their definition of improved pricing environment is.
Improving pricing environment? HA! That’s laughable at best. I just lost a $40k account to FF who quoted less than half of expiring while more than doubling the policy limits. They’ve been doing this on EVERY account I’ve come up against them on and this one was NOT a clean account by any means and certainly not deserving of a 60% price reduction. They’re not the only carrier doing it either, just the worst I’ve seen personally.
I take reports like this with a grain of salt, especially when its moody’s reporting.
Anyone else seeing pricing in the market that is contrary to what this article states? It makes me wonder what their definition of improved pricing environment is.
Was this Fireman’s Fund E&S or their admitted market quoting this?
A $40K personal lines account?