Quote:
Originally posted by taxwonk
Then I would submit that the problem is the insurance industry. Because of you look at the econometric studies that have been conducted, what you will see is that jury awards and settlements have remained largely constant in real dollar terms while premiums have risen.
I know insurance costs are high. My malpractice premiums are going up 30% this year. But attorney malpractice claims and awards have not even kept pace with inflation.
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30% Wow. See, you are a small business and it is a problem. If the problem is the insurance company's is it becaues they are overegulated? If the premiums are going up but the claims are not shouldn't the insurance company's be showing record profits? And if they are shouldn't more company's be getting into the business?
