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'It's a Dog's Life in Insurance'

September 04, 1988

Cave canem, Herb. I smelled a rat when I read this monkey business about you horsing around with your canine. You'd better duck because you might feel sheepish when you learn the foxy pup has you buffaloed. The barking is a red herring leading you on a wild goose chase. This may sound fishy and I should probably clam up, but your dog acts like the cat who swallowed the canary because, as a little bird told me, asses like us have not been watching the bulls and the bears.

Premiums take flight whenever Wall Street lays an egg because policyholders are being used to underwrite bad insurance investments. Those turkeys sold us a pig in a poke and Fido's on to them.

JOHN W. DUMAS

Laguna Niguel

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