La. Officials Try to Allay Wall Street Concerns About Insurer

March 12, 2007

  • March 12, 2007 at 2:49 am
    Wes says:
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    Anything this governor puts her hands on gets mucked up… I understand the credit rating concern.

  • March 13, 2007 at 9:39 am
    Mjolnir says:
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    Yep.

    This is for all of you who are absolutely convinced that the insurance companies are evil because they didn\’t pay a small percentage of claims the way you want.

    If you keep filing lawsuits and demanding they act the way you want, this is the kind of company you\’ll get.

    Let me ask you a question- if Citizens doesn\’t even know how much money it\’s spending on a daily basis, do you think they\’re going to pay as many, more, or fewer claims than State Farm, Allstate, et al?

  • March 13, 2007 at 2:05 am
    Tom says:
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    Maybe Commissioner Donelon should stop trying to dictate how Allstate inspects properties (after all, cancelling 4,500 out of 45,000) and start paying attention to what\’s happening at Citizens. A state entity, one of the largest insurers, with the ability to affect bond ratings…set your priorities straight, man.



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