Weather Claims Hurt Progressive Insurance 2d Quarter

July 10, 2008

  • July 10, 2008 at 5:09 am
    pud says:
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    Get ready Midwest!
    The crooks with their cloaks and daggers sre going to hike your rates big time.

    Some of the idiot Insurance agents are probably salivating right now.

  • July 11, 2008 at 8:29 am
    Nobody Important says:
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    This site seems to be populated with some ignorant fools these days. Pud is right at the top of the list with that Rosie character. Do you actually have anything to do with this industry Pud, or are you just someone who likes to send stupid comments on every subject you don’t understand?

  • July 11, 2008 at 10:18 am
    Mr. Solvent says:
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    Yes Pud, the agents are salivating. You see when rates go up, our book of business likes to shop, often without giving us the opportunity to shop for them. We lose business when rates go up. You know what else happens Pud? Often times commission rates go down when rates go up.

    Find somewhere else to spew your hatred.

  • July 11, 2008 at 11:26 am
    Anon says:
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    I don’t understand, Pud.

    Why would rates increasing cause an agent to salivate? Even if you know nothing about the insurance industry, rates increasing does not help an agent. Even if they manage to eek a couple cents more out of every policy (depending on how their commissions are calculated) they also have to pay their own insurance, the increase the customers feel is also felt by them.

    At least if you said the big companies would be making more money I would just say you were another anti-big business communist who does not understand expense ratios. But your statement makes so little sense the only thing I can assume is you have NO IDEA of either the insurance industry or economics in general.

  • July 11, 2008 at 2:02 am
    Compman says:
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    cmon guys, give PUD a break. Look what his parents named him. Usually names don’t fit personalities, but this time his parents were dead on.



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