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GLG News by Personal Lines Property and Casualty Insurance Brokers (US)

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April 7, 2008
Simply trust insurance companies like you trust the other companies you exchange money for services with
Analysis of: US property insurance 2008 rates seen flat to soft | www.reuters.com
Author: GLG Expert Contributor
What is a business or homeowner's biggest fear?  One of them is the fear that something will happen and the insurance company will not be able to pay their claim.  This is simply a false fear in this day and age. Simply stated, insurance companies are running a business and they understand...
April 4, 2008
The housing & mortgage issues coupled with gas & food prices will have a domino effect
Analysis of: Overdue Consumer Debts Highest Since 1992, ABA Says | www.bloomberg.com
Author: GLG Expert Contributor
The housing market decline coupled with the mortgage crisis and bad loans has caused many people to go into debt. Many people got loans that were "too good to be true", because they were.  Other people wanted to turn a profit on a property and due to the housing problems, that didn't...
March 7, 2008
Things get difficult when you lose 90% of your investments
Analysis of: MMC Sees 4Q Net Income Drop 62% | www.propertyandcasualtyinsurancenews.com
Author: GLG Expert Contributor
Any company will have difficulty if they lose 90% of their investment portfolio.  I understand that it is difficult to see positive returns right now, however, companies in the insurance business that depend on their investments, as well as other things, to pay claims, should be invesiting in long...
February 29, 2008
21st Century media exposure + dishonest people + the mortgage crisis could = more fraud
Analysis of: Could Subprime Mortgage Crisis Turn Desperate Homeowners Into Arsonists? | www.propertyandcasualtyinsurancenews.com
Author: GLG Expert Contributor
Most people are never going to burn their homes down to collect insurance money.  That said, there will always be a contingent of people in the world that are willing and able to resort to fraud to better their position financially. With the advent of the internet and the ability for someone...
April 16, 2007
SW FL market
Analysis of: Why Investors Should Consider Real Estate | online.wsj.com
Author: GLG Expert Contributor
As we all know - the SW FL real estate market went wild for a number of years.  And, in Aug. of '05, it died a miserable - horrible death.....This market (residential) has languished for the past 1.5 years.  It has steadily declined throughout '06 and thus far in '07.  We have the rest...

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