Reading this on Glassbytes, I'm not sure whether to laugh, or, not to laugh....

First, what does AGRR stand for? Last I knew, and perhaps I've been wrong all along, but thought it stood for "Auto Glass Replacement & Repair".

So, why, I wonder, would insurers listed in the Fortune 500 list be considered as "related" to AGRR, when not one to date has been shown to purchase ANY SERVICES OR GOODS in AGRR? Again, insurers do not contract for repairs to insureds property. Why are insurers AGRR related?

Noting the statement about insurer's profits being more investment driven rather than premium driven, I would provide a data source that would argue that point, seeing many insurers clearing a minimum of 20% and some even in the 40% range on auto insurance premiums via simple LOSS RATIOS which show premiums vs losses incurred, generally in property and casualty, but still generously profitable where auto is separated out inside property and casualty numbers. That means to me that if they're seeing more revenue gains on investments, then one is led to believe that premiums have not been profitable, and I don't read or see that in the numbers the insurers are giving State DOI's, not hardly...premiums seem to be VERY profitable, much more so than "AGRR" business is.

Dow Chemical, parent to Dow Automotive, obviously, is AGRR driven as well as OEM; a no brainer there. Congrats Dow.

Then we go back to insurers in the article, then to GM, then back to Ford, which spun off its glass division.

Then we're back to insurers again in a huge way in the list, with an almost "honorable mention" for PPG. Note, NOT PGW, but PPG. Point made I would think. And an honorable mention you would seem to think also for 3M. 3M? I suppose we do have a lot of "related" 3M products, say cleaners, double face tapes, epoxy products, but certainly no urethane or glass bonding AGRR products, but I would have to agree the other stuff is AGRR "related".

Notably, not ONE AGRR company is in the list according to the Bytes article. NOT ONE. Wow, to me, that speaks volumes. Are we trying to feel better about AGRR biz by viewing these Fortune 500s as "AGRR Related"?

To those who say I'm nit picking, or being an idealist instead of a realist, I would say, fine, then just answer the question in my first paragraph, why are we listing insurers as AGRR related when they buy NOTHING from the AGRR industry? Otherwise, I'd ask, who's living in a fantasy world, myself, or you who think insurers are AGRR "related"?

As always, JMHNLO

Hey Mark1, have you looked at the logo on the glassbytes site? Go take a look at it if you haven't. Read what is underneath it. Things that make you go hmmm ...

I agree that it is far reaching.. But there again if I knew so much why don't I start my own site...

Larry

Could it be because they insure automobiles with auto glass and pay millions of dollars to auto glass repair facilities?

Could it be because well over 100 auto insurers have entered the business of repairing and replacing auto glass by employing a service provider to settle their auto glass "only" claims?