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ALL » Topics » The impact of premium rate decreases for the California auto and homeowners matters on premiums written and underwriting income, may be materially greater than projected

This excerpt taken from the ALL 10-Q filed Nov 6, 2008.

The impact of premium rate decreases for the California auto and homeowners matters on premiums written and underwriting income, may be materially greater than projected

 

The adverse effect on premiums written and premiums earned, a component of underwriting income, may be materially greater than projected because policyholder attrition may be lower.

 

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