Rolfe Winkler has a great post on Allstate’s finances today, which underscores two things: the urgency of massive regulatory overhaul in the financial sector, and the necessity of including insurance companies under the unified financial-services regulatory umbrella.
Unless and until that happens, companies like Allstate will go regulator-shopping (the state of Illinois seems pretty well-disposed towards them) and bad insurance will drive out good. And then, eventually, when there’s a big insurable disaster, we’ll all be shocked — shocked! — that Allstate isn’t able to use deferred tax assets, and other "capital" of dubious real-world worth, to pay out on its policies.
The world’s top luxury brands.sexy,gorgeous,fun.
for a woman,Exudes a fatal attraction
Noble,Elegant,Charming
all in there.
This article achieved exactly what I wtnaed it to achieve.