but I just clicked on the link in the first sentence of the article and found out all I need to now about Super Regionals (at least two states but now more than 34?). Why 2 to 34? Who knows. But you too can learn more about super regional if, like me, you can suffer ‘dude’ talking slowly, painfully, for 3 1/2 minutes about why super regionals are relevant. Why do all these insurance execs look like Jack Nicholsan in ‘One flew over the cuckoos nest’, post lobotomy?
Yup, I just lost one to Liberty Mutual. And imagine that, it was a good-sized account that Indiana told me they couldn’t help me with 1 YEAR AGO! And now this year, Liberty Mutual mysteriously shows up at the insured’s door with a very competitive quote. Now just how did they know the effective date, the contact, and how competitive it needed to be? And it didn’t fit Indiana’s appetite one year ago. That is the last time it happens to me!!!
There are eleven categories. I read about them last year when this first grouping came out. Seems to me the issue is how companies get grouped. I commend Demotech and the IJ for trying to make sense of the myriad structures utilized by holding companies.
If the owners of insurance companies do not want their individual carriers viewed as individual carriers, then consolidate them!
So, why would Liberty Mutual (for example) consolidate all of their companies, and get rid of the charade that all of these units are independently operating? Especially when agents have fallen for the charade, and allow the fox (Lib Mutual) into the henhouse? If you’re big with Indiana, Peerless, Golden Eagle, or another LRAM carrier, then you’re in bed with Liberty Mutual. I’m not saying that you can’t be proud of that – but then don’t complain when Liberty Mutual or Wausau are taking your business from you.
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but I just clicked on the link in the first sentence of the article and found out all I need to now about Super Regionals (at least two states but now more than 34?). Why 2 to 34? Who knows. But you too can learn more about super regional if, like me, you can suffer ‘dude’ talking slowly, painfully, for 3 1/2 minutes about why super regionals are relevant. Why do all these insurance execs look like Jack Nicholsan in ‘One flew over the cuckoos nest’, post lobotomy?
Yup, I just lost one to Liberty Mutual. And imagine that, it was a good-sized account that Indiana told me they couldn’t help me with 1 YEAR AGO! And now this year, Liberty Mutual mysteriously shows up at the insured’s door with a very competitive quote. Now just how did they know the effective date, the contact, and how competitive it needed to be? And it didn’t fit Indiana’s appetite one year ago. That is the last time it happens to me!!!
There are eleven categories. I read about them last year when this first grouping came out. Seems to me the issue is how companies get grouped. I commend Demotech and the IJ for trying to make sense of the myriad structures utilized by holding companies.
If the owners of insurance companies do not want their individual carriers viewed as individual carriers, then consolidate them!
So, why would Liberty Mutual (for example) consolidate all of their companies, and get rid of the charade that all of these units are independently operating? Especially when agents have fallen for the charade, and allow the fox (Lib Mutual) into the henhouse? If you’re big with Indiana, Peerless, Golden Eagle, or another LRAM carrier, then you’re in bed with Liberty Mutual. I’m not saying that you can’t be proud of that – but then don’t complain when Liberty Mutual or Wausau are taking your business from you.