Posted On: August 22, 2006, 6:20 am CDT

Posted By: actuarial wanna be

I doubt that any CEO's or execs are reading this and /or taking notes. It's not much different that the fact than the execs of oil companies probably aren't reading this. The fact is that the loudest and most irrational complainers tend to use forums like this.

The same Floridians that complain loudly about their insurance costs and want to figure out ways to have everone else in the country subsidize them so they pay less than the market are also the smae people that will not allow offshore drilling even though there are large reserves of the coastline.

Do you really believe that anyone would actually listen if someone were to get up and explain that the loss cost per hundred in valuation of insuring a home in coastal florida is much higher than insuring a a similar home in a non coastal state? Not likely as evidenced by the regulatory, legal and political enviroment of that state.