If you need to know more about Insurance, Employee Benefits or Compensation and Pensions and how to handle your claims, we can help you.
Send email to isolac75@yahoo.com or access www.isolacassociates.com or call 08087854495.
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"In most businesses, of course, insolvent companies run out of cash. Insurance is different: you can be broke but flush. Since cash comes in at the inception of an insurance policy and losses are paid much later, insolvent insurers don't run out of cash until long after they have run out of net worth. In fact, these "walking dead" often redouble their efforts to write business, accepting almost any price or risk, simply to keep the cash flowing in."
Warren Buffet annual Berkshire Hathway letter.
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