Equitable Just Bought Out by Sterling!
- Thread starter Justin Bilyj
- Start date
12% for A,G, N in GA; 15% for F
Seeing double digit increases on New Era renewals as well.
MLIC up 9% last August. Seems like the current MOO flavor was up 9% as well.
Looks like the days of stagnant and single digit rate increases are over for a while.
Seeing double digit increases on New Era renewals as well.
MLIC up 9% last August. Seems like the current MOO flavor was up 9% as well.
Looks like the days of stagnant and single digit rate increases are over for a while.
- 11,280
It's an endless cycle. Good for obtaining new business. It's been awhile since carries have went crazy with increases. At least here anyway...
- 901
Man, oh man, sure gonna be some mighty upset forum members when all of their precious "little" B-rated companies start going the way of the dinosaurs. Tsk, tsk.
You might see that with carriers with the coveted A ratings.. Been around long enough to remember the last time we had a slew of carriers fail... A+, A, A-, B+, B, C+, C, NR all were in the mix. And, if you are talking about them being acquired by other companies, the giants aren't immune from that either.
- 18,980
I was contracted with Sterling years ago. They priced themselves out of the market here.
How do y'all see this change? Good thing, bad thing, no thing?
How do y'all see this change? Good thing, bad thing, no thing?
I could be wrong, but I see it as a "no thing". On to the next just like we always have.
According to that first article I could anticipate a small chance of culture clash.
Oh well Steve only promised to keep Equitable in Utah for 4yrs.
