12 Quotes by Peter Streit

The hurricane losses have highlighted the need to be a large, well-diversified company across many lines of business and across many territories with a capital base that is big enough to sustain losses.

The company is on the road to recovery and they've done a lot to try to remove any hints of conflict of interest. But now that they've done away with contingent commissions, it remains to be seen if they will able to make close to the same level of profits under the new business model.

The competition out there is pretty intense. There is a lot of business that is being bid on, and it's being bid on aggressively.