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Bar Ran Dun
Jan 22, 2006




BlueBlazer posted:

Which one can you get away juicing this quarter?

Right and we just had a “shoplifting“ epidemic that turned out to not actually have any real increase in shoplifting!

That’s a claim that would need real digging into quarterly and annual reports to support though. If I encountered this professionally it be recommend appointing the CFE/CFA time.

It occurs to me that:

Increased retail price also increases the return for any real transportation claims occurring because those are based on retail price valuation. But actual sales prices have diverged significantly.

I’m gunna email a big underwriter class mate that question tomorrow.

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Bar Ran Dun
Jan 22, 2006




Most of the new cases are shrink related. The real origin of the shrink is debatable, but shoplifting was eventually publicly acknowledged to not be significantly higher than in the past by retail groups.

Bar Ran Dun
Jan 22, 2006




Nissin Cup Nudist posted:

The real shrink is train hijackings making a comeback

That’s slowed down a bit. Double brokerage scams and theft from drop trailers at distribution centers after delivery are what I’m seeing these days.

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