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Insurance buyers: beware to be safe.(SAFETY FIRST)

LP/Gas

| March 01, 2007 | Johnston, Jay | COPYRIGHT 2009 Questex Media Group, Inc. (Hide copyright information)Copyright

Seems just like yesterday we met as an NPGA task force to study alternative insurance options. In 2003 we published a white paper that referred to insurance industry cycles and future price reductions. We forecast lower premiums and more choices. It happened.

Now some folks just don't seem to be able to give up the ghost on the concept of the propane industry competing with supplier members by getting into the insurance business. Under the guise of being "good business" they promote competing with NPGA members who pay dues, buy booths at conventions and serve on industry committees. All, I might add, while ignoring the current level of healthy competition.

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