Assurant rate decrease

May 4, 2008

  1. Crabcake Johnny
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    Crabcake Johnny Guru

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    Assurant rate decrease in five states available on the next software download on the 19th of this month - 24% to 42% drop on all products in five states at first: MD, WI, CO, MI, MT.
     
  2. somarco
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    somarco GA Medicare Expert

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    Does this mean they will become more reasonable on their underwriting as well?
     
    somarco, May 4, 2008
    #2
  3. STIBROKER
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    STIBROKER Like My post and enter the DRAWING,,,, Moderator

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    and the roller coaster ride starts again.....
     
  4. Crabcake Johnny
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    get ready for a small ride - two other "affordable" carriers have posted losses for 6 consecutive quarters - at the breaking point and you'll notice some rate changes coming soon - Assurant down over 28% in new biz sales however due to pricing remaining profitable while other carriers took huge losses - a few "correctional" changes coming.

    here's what happens when one company prices plans responsiblity while another does not:

    UNH: Basic Chart for UNITEDHEALTH GROUP - Yahoo! Finance
     
  5. Mr C
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    Mr C Super Genius

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    John, call me asap...
     
    Mr C, May 4, 2008
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  6. indmedins
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    indmedins Guru

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    John ask them to drop the prices in Florida too and let me know how you make out. ;)
     
  7. somarco
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    somarco GA Medicare Expert

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    Last edited: May 4, 2008
    somarco, May 4, 2008
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  8. InsuranceBenefitsGroup
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    InsuranceBenefitsGroup Guru

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    This is the entertainment I come to this board for. Somarco, this again, is how you help Crabcake Johnny get more posts. This, in turn, makes the newbies think that Crabcake knows what he's talking about.

    Then they sign UP for the IADAHINAGODAVIDA.

    Again, entertaining I must say.
     
  9. jbage007
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  10. CHUMPS FROM OXFORD
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    CHUMPS FROM OXFORD Guru

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    Huge...although, to be fair..."United Healthcare is facing fines"
     
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