InvestorsHub Logo
Followers 1035
Posts 279773
Boards Moderated 10
Alias Born 03/18/2011

Re: None

Sunday, 02/12/2012 7:26:44 PM

Sunday, February 12, 2012 7:26:44 PM

Post# of 3
Meadowbrook Insurance Group, Inc. (Meadowbrook) is a specialty focused commercial insurance underwriter and insurance administration services company. Meadowbrook markets and underwrites specialty property and casualty insurance programs and products on both an admitted and non-admitted basis through the network of independent retail agents, wholesalers, program administrators and general agents. The Company’s agencies are located in Michigan, California, and Florida and produce commercial, personal lines, life and accident and health insurance that are placed with more than 50 unaffiliated insurance carriers. These agencies produce a minimal amount of business for its Insurance Company Subsidiaries. Through its retail property and casualty agencies, it also generates commission revenue. As of December 31, 2010, it had a 28.5% interest in Midwest General Agency’s.

My stuff
Never, invest with money you need to survive. Diversify, patience, set tight stops. $20 or less in commission fees is almost always cheaper than a 5-40%+ drop in share value.