Texas / South Central News

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Insurance Limbo Delays Gulf Coast Rebuilding

Texas / South Central News • June 13, 2006
The owners of the sagging, flood-stained home in New Orleans aren't in. Above the front door, a banner explains their absence, and the lack of progress: "Allstate paid $10,113.34 on this house for ...

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Subject: RE: The future of insurance

Posted On: June 16, 2006, 11:51 am CDT
Posted By: Hal
Comment:
Before you decide that government-run insurance 'company' is the way we should go, please check out that kind of track record. ALL the countries that have followed that plan have completely trashed their economies. The latest complete cycle is Portugal. They nationalized their insurance industry. Then their banks. Then the whole economy turned into a mess which lasted for more than twenty years.
Over the last decade they have re-privatized the financial industries and things are looking much better. It's again a great place to visit.
Subject Posted By Posted On
RE: The future of insurance Hal
Jun 16, 2006, 11:51 am
The future of insurance ins agt
Jun 15, 2006, 1:21 pm
It all connects Detect IV
Jun 13, 2006, 8:10 pm
RE: Flood Bob
Jun 13, 2006, 4:26 pm
Flood Chuck
Jun 13, 2006, 2:47 pm
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