BadTimes.JPGThe third-quarter financial recap was grim indeed, with premium volume dropping, underwriting losses soaring, and the bottom line plummeting into negative territory. You have to wonder at this point if the industry will end up in the red when the books are closed for 2008, let alone how many carriers and agencies will make it through the challenging year ahead in one piece.

As they say when someone drops a killer hand on you in poker, read ‘em and weep.

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