Posted On: June 9, 2005, 10:10 am CDT

Posted By: Chuck Marlin

Studies are like opinions, everybody has one. To draw conclusions on agregate data and then apply it to individual states is not productive. The significant increases in cost were do to poor underwriting and pricing practices over several years, agents in years past willing to sell the policies that were underpriced and poorly underwritten, healthcare professionals buying the lowest quote when they knew it was below losses;all follwed by a violent course correction and whining by those who particpated in driving the industry into the ground in the first place. All of us. Better law and caps to minimize lottery payouts would help, managing our industry better would prevent the chaos in the first place.