Selective will have financial problems in 2-3 years through irrational pricing. They just quoted recent commercial client with $460K renewal premium at $290K? Field underwriter said that it is more important for him to maintain top line because of pressure on expenses? Upper managment either does not have a clue what’s going on or doesn’t have any management controls in place.
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Selective will have financial problems in 2-3 years through irrational pricing. They just quoted recent commercial client with $460K renewal premium at $290K? Field underwriter said that it is more important for him to maintain top line because of pressure on expenses? Upper managment either does not have a clue what’s going on or doesn’t have any management controls in place.