Current group that runs TRV does not know where to start to cut expenses . Here is what is needed. No more huge bonus to Jay & his group for poor stock results.A CEO should be judged on the stock return & Jay's is very poor.He should give all his money back to the shareholders & leave town. Stop giving brokers added money to bring in poor business for cheaper rates and more exposure.Cut the number of brokers we do business with and become more selective. No more meetings off site at expensive resorts. Review staff postions to determine need for staff. The company has to many third rate people with very little to do other than making themselves look important. Not only do we need to cut those positions we need to cut the leaders of the units that allowed all of this to happen.We need to stop chasing market share & make real wealth and value to shareholers. The expense ratio needs to be reduced to 26 % now. The market will remain soft for 3-5 years. TRV will be in last place unless major expense cuts are made now. No more rewards to those that do not meet all goals set out for them. New talent needed in many postions that are staffed by second and third raters.JAY this is your job, do you get what is needed?