Now I know all of these insurance companies are mostly smoke and mirrors right now, but so long as the illusion is willing to perpetuate itself, I am willing to make money off of it. What I don't understand, however, is HIG's Price/Book of .28, compared with their industry's average of 1.16. Is this a mere discrepancy that will soon be corrected by the market? I've done my research on HIG, and just based on their website (http://ir.thehartford.com/overview.cfm) it would seem that they are in relatively good shape based on the fact that they have only 5% of their equities invested in mortgage loans. Their main source of income is life insurance. What do you guys make of this? It's hard for me to say because the short interest has also increased by 30% this month over last...so I'm skeptical. I'm long in @ 8.00, though.