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Texas

TreasonousBastard

(43,049 posts)

3. In New York, overreserving has consequences...

Reply to TexasTowelie (Reply #2)

Sat Sep 8, 2012, 01:09 AM

Sep 2012

but I don't know anything about how they do it with rate filings.

In Ocean Marine, we had cargo claims coming in from warehouses in Pakistan and vessel liability claims coming in from everywhere else. IBNR from fire and auto polices, or even most commercial lines, sounds pretty simple compared to that.

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State Farm to increase homeowners’ rates by up to 20 percent [View all] TexasTowelie Sep 2012 OP

If you worked in the industry, you may know what I mean when I mention... TreasonousBastard Sep 2012 #1

I agree with the points that you made regarding reinsurance and the upward pressure that has been TexasTowelie Sep 2012 #2

In New York, overreserving has consequences... TreasonousBastard Sep 2012 #3