To: Between the Lines
The wind pool provides last-resort coverage in areas where other insurers have stopped writing policies. Florida's program created three years ago attracted 1.3 million customers and became the state's largest property insurance provider. Poorer taxpayers subsidizing richer taxpayers so they can have a better view...
2 posted on
09/05/2007 12:33:49 PM PDT by
2banana
(My common ground with terrorists - they want to die for islam and we want to kill them)
To: Between the Lines
Don’t tell me this guy doesn’t have some pull.
3 posted on
09/05/2007 12:33:50 PM PDT by
freekitty
(May the eagles long fly over our beautiful and free American sky.)
To: Between the Lines
State Farm is by far the worst offender here on the Gulf Coast. They have more than quadrupled in the last 5 or 6 years.
I fuss about USAA but they are actually one of the better ones.
4 posted on
09/05/2007 12:34:34 PM PDT by
stm
(Fred Thompson in 08!)
To: Between the Lines
And that storm, Invest 99, (possible Trop Depression/Trop Storm by then) is supposed to hit SC/NC this weekend.
5 posted on
09/05/2007 12:35:15 PM PDT by
Sax
To: Between the Lines
If no major hurricanes hit the US this year the insurence companies are going to look bad, real bad.
6 posted on
09/05/2007 12:38:49 PM PDT by
darkwing104
(Let's get dangerous)
To: Between the Lines
“I personally believe that, US Americans are unable to get property insurance, because some … people out there in our world don’t have insurance, and I believe that coastal areas, like such as in South Africa and the Iraq, everywhere like such as, and I believe that they should ... come over here to the US to get property insurance for South Africa and should help the Iraq and the Asian Countries so we will be able to build up our property insurance …”
8 posted on
09/05/2007 12:47:29 PM PDT by
ClearCase_guy
(The broken wall, the burning roof and tower. And Agamemnon dead.)
To: Between the Lines
While I’ll agree that the insurers have suffered vast costs due to catastrophic weather phenomenons, where were their profits going when NOTHING happened?
Was it ALL real estate investments? I have as much problem understanding this as a liberal has with oil profits.
9 posted on
09/05/2007 12:48:03 PM PDT by
poobear
(Pure democracy is two wolves and a lamb voting on what's for dinner. God save the Republic!)
To: Between the Lines
I have to play devil’s advocate here. Why should insurance companies be compelled to offer coverage in high risk areas?
10 posted on
09/05/2007 12:53:21 PM PDT by
pnh102
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