Ohio National - Demutualization

[Allen Trent]

And . . . @Allen Trent , Oliver Hardy was from Harlem, GA . . . there is an absolutely charming Laurel & Hardy museum there.

Home of the Laurel and Hardy Museum of Georgia

Harlem, GA is nothing like Harlem, NY

So, no basketball team that travels all over the world. Sadly, when I am in Atlanta, Harlem won't be on my way to Tuscaloosa

 

[Tahoe Ray]

Before my time? I literally was talking about a movie that came out in 1939. How young could I be to know that within 10 min of your post:.

He as talking about Chumps, a guy who used to post here a lot.

 

[Allen Trent]

He as talking about Chumps, a guy who used to post here a lot.

Was he one of the good ones?

 

[Tahoe Ray]

Was he one of the good ones?

Didn't know him well but from what I've heard, yes.

 

[Allen Trent]

Didn't know him well but from what I've heard, yes.

I see his profile was last active about 12 months ago

 

[somarco]

Before my time? I literally was talking about a movie that came out in 1939. How young could I be to know that within 10 min of your post:.

You know how to use Google . . . not allowed on Jeopardy

 

[somarco]

I see his profile was last active about 12 months ago

When he retired he did it right. Occasionally posts on FB . . . and yes, he is definitely one of the good guys. From Ohio (Dayton or Columbus) and a career agent for Met (as I recall).

 

[scagnt83]

Seemed like it was 15-20% less expensive vs. other major players for the same benefits for most white-collar professions. That couldn't have been a profit center.

Short term profits, not long term. More like short term revenue that they needed to keep afloat. I guess they planned on recouping it somehow in the future... maybe they already had plans to demutualize at that point and just needed a lifeline until that point.

 

[scagnt83]

Mass is also aggressively going to brokerage. Not just agent appointments, but BGAs with legit contracts where the general agent doesn't have to hose the agent just to get an appointment.

Could be a good thing, could be bad. Most mutual carriers rely heavily on their captive field force to sell their WL.

 

[Life Hawk]

I'm pretty sure you can't smoke in those rooms anymore.

This is very true. Where once you followed the smoke to a room full of mirrors, now you just follow the money.