P&C industry article published this week based on statutory quarterly filings, SF has an estimated $11.9B in underwriting losses across auto and fire affiliates thru Q3 2023.
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If they keep running things like a marketing company, nothing will change. The same with Allstate. All they need to do is look at Chubb and Travelers if they want to see how things should be run. Progressive turned the corner too by turning to aggressive underwriting.
@1rqs: Enough with your childish name calling. I do like your idea about the Board commissioning a golden chariot to transport me. I want it encrusted with diamonds. I also want a golden scepter to further indicate my lofty position.
Tipsturd will probably get 30 million this year. The board will have him
carried around in a golden chariot.
What a momentous way to end your reign. There is likely not another leader that has lost such a massive trove in any period yet alone in 3 years.
Regardless of F message points- HCL move is an absolute disaster. People hate it and the results have been not good. Quality left and will continue to leave and we all know service is worse.
No worries.
Wow. Speechless.
If we were to do that with our personal finances, the goons would be knocking at the door BUT its OK for the goons to do it. Power corrupts. Absolute power absolutely corrupts.