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I, too, have been in the insurance industry as far back as the 70s and have seen the cycles repeat themselves decade after decade.
It's almost biblical - famine alternating with plenty (metaphorically), though not necessarily in 7 year stretches. The insurance cycles usually lasted 3 or 4 years
It's almost biblical - famine alternating with plenty (metaphorically), though not necessarily in 7 year stretches. The insurance cycles usually lasted 3 or 4 years