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Citizens Property Insurance Increases Upset Policyholders in Florida

Southeast News • May 15, 2006
Marci L. Rose's home and rental properties in Key West, Fla. escaped serious damage when hurricanes battered the state in 2004 and 2005, but she might lose them anyway. Like thousands of ...

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Subject: RE: 2 billion dollars

Posted On: May 15, 2006, 1:07 pm CDT
Posted By: Move to where?
Comment:
All we ever hear is "if you don't like the rates, move." I have been waiting for almost a year for a graduate of the brain trust to tell me where I can move that is not subject to natural disaster. I guess you can't find it either.

As far as fixing the problem, the industry needs to go back to its roots. Start with realizing insurance companies buy risk, period. The next step is to spread the risk through the law of large numbers, remember that one from insurance 101?

Problem is, these two concepts do not fit into modern business models, so we decline as an industry.
Subject Posted By Posted On
Rich Hagen jr
Sep 20, 2006, 4:12 pm
Citizens less than my renewal Rich Hagan
Sep 19, 2006, 2:17 pm
RE: RE: RE: insurance rates Mrs. Smith
May 22, 2006, 1:30 pm
RE: RE: insurance rates schwab
May 22, 2006, 1:00 pm
RE: FRIGGING SPAM BLOCKER Mrs. Smith
May 17, 2006, 9:44 am
FRIGGING SPAM BLOCKER SPAM MIESTER
May 16, 2006, 6:03 pm
RE: RE: 2 billion dollars Mrs. Smith
May 16, 2006, 12:41 pm
The gods Ins Gal
May 15, 2006, 1:46 pm
RE: 2 billion dollars Move to where?
May 15, 2006, 1:07 pm
2 billion dollars At a Glance
May 15, 2006, 12:34 pm
RE: insurance rates tribbs
May 15, 2006, 12:34 pm
insurance rates don israel
May 15, 2006, 9:44 am
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