Quote:
Originally posted by Spanky
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?
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I think it mostly has to do with the investments they have to hold to back their underwriting - they hold investments, and when the market goes soft they need to increase premiums (regardless of increases in claims) to make up the difference in earnings. Sort of like pension funding (but not, really). Whether that makes the insurance industry overregulated or not is not something I am prepared to get into.
Of course, my knowledge of this area is third hand and annecdotal, so I am mainly talking out of my ass.
I disagree with a different subset of items, but I'm too tired to get into it. Overall, I'd vote for you before I'd vote for any of the other platforms I've heard discussed by candidates of any stripe.
