I saw this on the RSS feed from the National Underwriter. IMHO Mr Hartwig (a long time industry shill) has about zero credability with the public and about that much with the new policymakers coming to DC in January. Let’s sample some of the after effects of drinking too much psyclobin mushroom laced kool aid:
“Insurers can definitely make the case that they’re much more stable [than banks] in terms of insolvencies,” said Robert P. Hartwig, president of the Insurance Information Institute, during a speech at the 20th annual Executive Conference for the Property-Casualty Industry, presented by The National Underwriter Company, with sponsors Ernst & Young and Dewey & LeBoeuf.
Mr. Hartwig pointed out that few insurers become insolvent, Continue reading “Hartwig Drinks A big Glass of ‘Shroom Juice Kool Aid and Makes us Laugh”