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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Wallace Rivers who wrote (31614)	7/25/2008 8:38:55 PM
From: Paul Senior	Respond to of 78750

Insurance vs. claims. Yes, less mileage, fewer claims. I'm figuring profits though won't necessarily increase smartly for insurers as miles driven decreases. Because fewer claims and expenses will lead to demands by states that insurance companies reduce their rates. Some states already aggressive in doing this. I'll bet SAFT's arena, Mass., will be one, if not a leader, in demanding reductions. ==================== SAFT might still be a value for some even a current price and p/bk. Just looks relatively high to me now compared to other insurance companies I am following.