[srmorton]

I heard this call and Stacy sounded very sure of what she was talking about, but one thing bothered me about her call and I realize now what it was. She said that the insurance companies are required by law to keep 65% of their funds in escrow for payment of claims. They use the remainder for all other expenses - salaries, buildings, etc. She kept saying that the split is 65/45 - but that adds up to 110%!

[matt1234]

She kept saying that the split is 65/45 - but that adds up to 110%!

I noticed that, too. It undermined her credibility.