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GOP Platform Calls for Natural Disaster Insurance Reform

National News • September 5, 2008
The Republican National Committee pledged its support to improve federal natural disaster insurance as part of its platform. The GOP's support of federal disaster insurance reform follows the ...

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Subject: why?

Posted On: September 5, 2008, 1:51 pm CDT
Posted By: bob
Comment:
I struggle with the idea that the feds have to be involved. Personally, I don't think the government - at any level - should be involved in the business of insurance. Private insurers and reinsurers should be able to take the load; if they can't, then a free market economy will take the appropriate business decisions. Other than the military and essential police and fires services, there is damned little that the government has proven they can do better than the private sector.
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