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To: Reagan Man
State Farm sees the handwriting on the wall.

Yep, they are seeing hundreds of billions of tax payer dollars being thrown around and want to get a piece. I expect other companies to follow suit. Create an insurance crisis and then demand that the government underwrite their policies. Sadly predictable.

26 posted on 01/27/2009 9:08:56 AM PST by usurper (Spelling or grammatical errors in this post can be attributed to the LA City School System)
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To: usurper

Correct me if I’m wrong, but don’t insurance carriers have a reinsurance carrier to back them up?


132 posted on 01/27/2009 8:33:36 PM PST by Slip18
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