It looks like the brain trust has squeezed all of the milk out... and then sold off most of what remained of the business to either Hanover or Tower. What will the premiums be in 2010? I am guessing less than $100 million- making this once great entity essentially done.Sad indeed.
seems like they are selling off what they don't want or doesn't fit and getting good prices from growth hungry companies... investors are loving it as OB has skyrocketed and trades at 1.15x BV
Maybe they buy sumpin' with their cash... or raise dividend
They should buy CINF. It's a joke and needs fixin. Don't answer. Just shut up.