Why is this article important to you? The article is important to anyone who has insurance, be it personal, but especially commercial and in the repossession industry, because it means insurance companies are going to look for ways to reduce their underwriting losses. And how this is done will likely impact you in some way. Insurance companies reduce underwriting losses by increasing rates, reducing coverages, tightening underwriting guidelines and dropping lines of business that aren’t profitable. Ever heard of a hard insurance market?
RSIG
Supporting Professional Repossessors
