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To: Nachum
They have just changed their business model, they have thrown all actuarial responsibility out the window and exposed them to a moral hazard.

This will collapse the insurers which is their goal...

31 posted on 11/20/2012 1:43:14 PM PST by taildragger (( Tighten the 5 point harness and brace for Impact Freepers, ya know it's coming..... ))
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To: taildragger
This will collapse the insurers which is their goal...

Yep, and there's another goal after that.

46 posted on 11/20/2012 4:17:16 PM PST by palmer (Jim, please bill me 50 cents for this completely useless post)
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