# Bend over!

**URL:** <https://forums.speedlife.net/t/bend-over/128964>\
**Category:** SON240sx Automotive\
**Created:** [October 20, 2009, 6:49am UTC](https://forums.speedlife.net/t/bend-over/128964 "2009-10-20T06:49:13Z")\
**Posts on this page:** 3\
**Page:** 3

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**Author:** ![bing](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bing/32/7211_2.png) [@bing](https://forums.speedlife.net/u/bing)\
**Post date:** [October 24, 2009, 7:50pm UTC](https://forums.speedlife.net/t/bend-over/128964/41 "2009-10-24T19:50:59Z")

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working in the industry i sorta get it. The guys at the insurance companies are bleeding.

there have been ALOT of lay-offs, hiring freezes, etc. etc. at most of the majors.

one of the top 2 laid of 250 executives in 2009, on a single day… i have a meeting with one of them on Thursday actually.

don’t forget, insurance companies are primarily financial companies and they all took a shit on the international market in the last 24 months… some worse than others.

Heck, ING, the number one insurer in canada, divested from it’s Canadian arm and it became a whole new company (Intact). You may be seeing the ads out there. This is also Bel-Air Direct btw.

So yeah, the insurers definately are bleeding… i know that some of the top 10 had their worst Q1 and Q2 ever this year… heads rolled.

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**Author:** ![RED\_LINE](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/red_line/32/5656_2.png) [@RED\_LINE](https://forums.speedlife.net/u/RED_LINE)\
**Post date:** [October 25, 2009, 12:42am UTC](https://forums.speedlife.net/t/bend-over/128964/42 "2009-10-25T00:42:27Z")

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let privatized insurance die, we don’t need them.

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**Author:** ![Feint](https://avatars.discourse-cdn.com/v4/letter/f/71e660/32.png) [@Feint](https://forums.speedlife.net/u/Feint)\
**Post date:** [October 25, 2009, 6:20am UTC](https://forums.speedlife.net/t/bend-over/128964/43 "2009-10-25T06:20:35Z")

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> [@Ebay auction of the day.](https://forums.speedlife.net/t/ebay-auction-of-the-day/24506/12):
>
> let privatized insurance die, we don’t need them.

And use BC’s public insurance system in Ontario. They all pay less than us anyway and often times pay less for more.

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