No where near Hamilton County. 513333 has no meaning for me. It was just a number available when I set my yahoo account.
CINF's combined ratio is better than SIGI and STFC. The mutuals don't release their combined ratio on a quarterly basis, but most of them lost $. 2nd quarter is usually not profitable for PC companies. 1st and 4th quarters are the money makers.
CINF released solid earnings. They beat analysts' estimates. The wider market thinks favorably of CINF as indicated by the stock price.
SIGI - a direct competitor lost $ in the 2nd quarter. So did STFC.
Many direct competitors are mutuals (Westfield, AutoOwners, Grange, WestBend, ...) They don't release earnings publicly but you can get the gist of their performance otherwise e.g. through news stories.
CINF may not have beaten Travelers, but they beat the majority of PC companies in the 2nd quarter.
I would be proud to work for CINF, but I don't. I work for a competitor, another fine company.
Quotenomore, you do have it in for CINF. Your comments continually show that. Their release shows CINF is hitting the ball out of the ballpark. They made money in quarter where my company lost. Big storms. CINF exceeded expectations on topline growth. That's huge.
PC companies are in business to pay claims and CINF does that very well. That's why their agents and clients stay with them and recommend them to other.
You've been challenged before to reveal why you're so negative. Someday maybe you'll tell.
I think you and I see things the same way. How long is CINF going to brush off this cat loss thing as if it's an isolated thing?
It seems to me they are still unable or unwilling to adequately address weather patterns. I don't think sitting around waiting for the weather to change is wise.
They are probably trying to geographically diversify, but how long will that take.
And I'm not convinced that their bread and butter - having salespeople do the underwriting - is the best way to take on risk. That conflict of interest has always bothered me, and it leads to too many exceptions. Just my opinion.