Yes, they underpriced business and had poor risk management. I think we all know that. But how did it happen? If you saw the recent Wall Street Journal article, you know that a state manager chose to prioritize making the agents happy over making State Farm money. This led to Continue Reading
The California Fires And What Comes Next
As some of you have speculated, I had been planning to write about the California FAIR plan for quite some time, but never quite got around to it. That, unfortunately, is the downside of subscribing to a free newsletter. I have no market incentive to publish in a timely manner! Continue Reading