Best cited “continued price softening in nearly all core business segments; a decline in underwriting performance through the third quarter of 2010
I’m not surprised with the price games Lex’s MGA has been playing. They are STILL undercutting anyone and everyone on just about everything i see from them. Just had one come through where they undercut a very strong/reputable, yet fairly cheap admitted carrier by 50% on a $20k risk. They quoted under $10k!
Let’s see! AIG bailed out to the tune of $180 Bil and have only partially repaid the so called “loan”. How can they possibly get an A rating from Best? Is Best asleep at the switch like the SEC?
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Best cited “continued price softening in nearly all core business segments; a decline in underwriting performance through the third quarter of 2010
I’m not surprised with the price games Lex’s MGA has been playing. They are STILL undercutting anyone and everyone on just about everything i see from them. Just had one come through where they undercut a very strong/reputable, yet fairly cheap admitted carrier by 50% on a $20k risk. They quoted under $10k!
Does anyone keep an eye on the MGA?
Let’s see! AIG bailed out to the tune of $180 Bil and have only partially repaid the so called “loan”. How can they possibly get an A rating from Best? Is Best asleep at the switch like the SEC?