Fitch: P/C Profits Decline Sharply in First-Half 2008

August 28, 2008

  • August 30, 2008 at 8:50 am
    the man says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    no ****…who would have guessed???
    But when the industry runs like a drunk in Vegas would you expect the drunk to make money? Unless its luck.

  • August 30, 2008 at 10:23 am
    Yup says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    Yup and I’m going to allow that drunk to take a grand a month from me as a matter af fact I think I’ll give him extra money every month just for him being irresponsible and provide him with extra drinking money with hopes he will stop!
    That makes a lot of freakin sense! DUH

  • August 31, 2008 at 7:31 am
    Tired says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    It is good to hear that the red Umbrella is finally looking to buy. They need a shot in the arm, and we need a few of these carriers off the street. Too many choices, and too many willing to do it cheaply. They are just headed for major problems, so why not just put them out of their misery. Buy Traveler’s Buy!!!

  • August 31, 2008 at 7:45 am
    Pud says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    Nobody should be so submissive because they were proved wrong.
    This situation all boils down to money mismanagement and bad investments which I have been saying all along.I was not able to locate the information because you ned to be involved in the (right area) of the company to get these numbers.
    I am glad that read it here posted it!
    Extremely informative and verified!

  • September 1, 2008 at 10:15 am
    Somebody?? says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    Maybe State Farm will be poised for a buyout?A request of a 47% rate increase is going a bit over board.Maybe they found something on the books that was cooked?

    State Farm® insures more cars and homes than any other insurer in the U.S., is the leading insurer of watercraft and is also a leading insurer in Canada. State Farm’s 17,000 agents and 68,000 employees serve more than 78 million auto, fire, life and health policies in the United States and Canada, and more than 1.9 million bank accounts. State Farm Mutual Automobile Insurance Company is the parent of the State Farm family of companies. Being a mutual company that is not publicly traded allows State Farm Mutual to focus on its policyholders and employ a long-term view in serving its customers’ needs. State Farm is ranked No. 32 on the Fortune 500 list of largest companies. For more information, please visit statefarm.com® or in Canada statefarm.ca®.



Add a Comment

Your email address will not be published. Required fields are marked *

*