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Old Republic International Corporation Message Board

  • girthner21 girthner21 Nov 12, 2012 9:34 PM Flag

    Work Comp

    My worry with this thing is that work comp is their biggest general insurance line currently, with Obamacare and health care costs shooting thru the roof things could get volatile, based on the most recent quarter the work comp line took a beating. For the life of me, I'd just assume they cease paying the dividend (especially if they start taxing them more heavily) for a while and use some of that money to buy back shares once the price deflates. Or use it to make some more targeted acquisitions that would complement and broaden their base of general insurance offerings.

    Personally, I think this outfit would jump back in the mortgage insurance game if they had the capital to do it.

    Sentiment: Hold

15.16-0.02(-0.13%)Feb 27 4:02 PMEST

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