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To: ladtx

Do the math. The insurance company will make 10 times the profit by investing the $2B rather than taking a risk by paying out all that money for good will.


52 posted on 09/21/2005 10:17:49 AM PDT by Ben Mugged
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To: Ben Mugged

That suggestion of off the top of my head. Seems to me there is an opportunity there for competitors to gain on Allstate. I know that in Texas Allstate does not have a good reputation and many are could easily be persuaded to switch insurers.


80 posted on 09/21/2005 10:25:30 AM PDT by ladtx ( "Remember your regiment and follow your officers." Captain Charles May, 2d Dragoons, 9 May 1846)
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