How did we do for the second quarter?
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Bodily Injury severity still outpacing inflation should be a material concern. Especially since this trend has been in play for 2+ years. Uninsured Motorist BI likely in the same place.
National General seems to be ki-ling it - up to 20% of the total corporation by premium if I’m doing my math right and seems to be 150% of the corporation’s growth and 75% of the profit.
It’s kind of gross what this company has turned into. They have a great quarter and the sentiment is that it’s just still going to be layoffs and sadness unless you’re a chosen few from upper leadership. 🤮
Lol @1krj+1tOmZbFf. I think it will still translate to layoffs in October. Bonuses might get shared with the upper management. My team is working more than 50 hours per week since last 4 months.
I hope I am wrong about the layoffs but it’s been evident that they are trying to squeeze every drop of sweat out of the remaining employees. Phasing out US staff and hiring is almost only limited to India in tech at this point.
I wonder how that will translate over to the employees? Good raises in March? Profit sharing increased? Bonuses possibly?!
I think had we not had the market downturn the last two days, the stock would have been in the $180s.
Very good actually. The use of third world $5 per hour labor and peddling subpar new products all while low balling claims seems to finally be working wonders Tommy and Crew's bottom line. tRaNsFoRmAtIvE gRoWtH!!!!
Why don’t you look it up- not too difficult. You can then formulate your own opinion instead of hearing from the armchair CEO’s who frequent this site
Overall better than expected - exceeded Wall St analysts expectations