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Farm Owner Insurance
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Herkster5
Posted 3/6/2024 20:22 (#10654711 - in reply to #10654441)
Subject: RE: Farm Owner Insurance


Bruce NW Ia - 3/6/2024 17:54

Mr. Herkster5 is correct. Large U.S. insurance company flew over to London to visit with the boys at Lloyd's of London about buying some re-insurance. You know you are in trouble when the boys say "We will sell you half as much re-insurance as you bought last year, but we are going to double the price".


Exactly, here is double your premium, and double your retention (deductible), oh, and no more writing new business until we tell you that you can. It's fun...
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