Quote:
Originally Posted by CoachKandSportsguy
No to price reduction. . it's not a year by year by claims activity, unless you have a mutual insurance company, such as Amica. You will get a rebate check as an owner type if there is excess profits / cash flows. . not alot, but generally, the profits remain in the insurance company as reserves. . investments for future claims. . .
|
Or in most cases, stock holders pocket or CEO