Greedflation sir
Its why If I was a stockholder in one of these companies, I'd be raising hell. Pass the costs onto the consumer while paying CEO's more money.
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Greedflation sir
Insurance executives rake in millions as premiums continue to rise – CFA
https://www.insurancebusinessmag.co...as-premiums-continue-to-rise--cfa-462413.aspx
You and your loon friends should pool your $$ and buy a company to fix it.Its why If I was a stockholder in one of these companies, I'd be raising hell. Pass the costs onto the consumer while paying CEO's more money.
And you could work for them 😂😂You and your loon friends should pool your $$ and buy a company to fix it.
Performance to goals and objectives.How do you justify pay raises and bonuses when the company is losing money?
Consider it a COL adjustment if it makes you feel better. Average YOY comp increase from your link was 6.3% while Bidenflation ran at a smoking 6.5% in the 12 months trailing Dec ‘22.How do you justify pay raises and bonuses when the company is losing money?
Consider it a COL adjustment if it makes you feel better. Average YOY comp increase from your link was 6.3% while Bidenflation ran at a smoking 6.5% in the 12 months trailing Dec ‘22.
Consider it a COL adjustment if it makes you feel better. Average YOY comp increase from your link was 6.3% while Bidenflation ran at a smoking 6.5% in the 12 months trailing Dec ‘22.
Hey, it's not a fun market right now. In Iowa alone, we lost 13 or 14 Mutual property insurers either through closing their doors or being acquired. I have several carriers who aren't accepting any new property insurance risks, auto carriers who won't touch a new quote that has a loss in the last 3 years. Rates are jumping, deductibles are jumping, cosmetic loss exclusions are becoming more normal, wind/hail deductibles, trying to pull away from line of sight coverage, and moving a lot of structures from replacement cost to actual cash value.
It's bad. You can chose to blame whatever you want, but the main source is re-insurers and high total combined loss ratios for the carriers. Tack on "nuclear verdicts" and billion dollar claim settlements, and it's nothing less than a mother f'en shit show right now. I picked a fun business to be in...
Oh, it’s certainly bad business practices. Insurance companies kicked the can down the road for far too long, and then were bit with the combination of high loss ratios and inflation. Instead of underwriting risks like they should, they were focused on strictly growth and not limiting their policy coverage against their competitors.Naturally, it is the attorneys fault, not bad business practices.....
Mine have jumped 26% in the last 2 years, since I retired 2 years ago, and, I am only driving about 30% of the mileage before I retired. My insurance carrier did give me a discount of $15/year though, since I retired, so there is that.Car insurance premiums around the U.S. are soaring. Here's why.
Car insurance premiums around the U.S. are soaring. Here's why.
American drivers are spending less to fill up than a year ago, but paying a whole lot more to insure their vehicles.www.cbsnews.com
It was 6.5% over the period your link referenced salary increases.Inflation is 3.1%.