There is blood in the streets, which is a good time to invest in down trodden stocks. I have a little of TGIC for long term, and just picked up more this morning for a short term bounce going into earnings.
Alot of the bad news is priced in and I think this is a great value. Short term financials for TGIC may not look good. But they will be writing more policies. That's what they do. When Allstate or Statefarm have to pay big for hurricane damages, their policy premiums go up. Same will happen here.