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Fla. Lawmakers Face Balancing Act in This Week's Insurance Session

Southeast News • January 15, 2007
Florida lawmakers wish they could simply outlaw hurricanes. That would solve the state's insurance crisis. Unfortunately, changing the weather seems easier than what legislators have on their ...

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Subject: National insurance plan

Posted On: January 16, 2007, 11:09 am CST
Posted By: delpat
Comment:
What are the drawbacks to initiating a national insurance plan, whereby every homeowner in the nation shares in the cost of insuring catastrophe prone areas? Isn't insurance based on the concept of pooling resources anyway?

It seems that with the weather the nation has been experiencing, no area in the US is exempt from some type of catastrophe.

Pardon me if this sounds obtuse & simplistic; I'm just trying to get a handle on it.
Subject Posted By Posted On
National insurance plan delpat
Jan 16, 2007, 11:09 am
RE: RE: Wind only rates Ancient City
Jan 16, 2007, 9:15 am
RE: Wind only rates Response
Jan 15, 2007, 3:56 pm
Wind only rates Ancient City
Jan 15, 2007, 1:49 pm
Citizens Insurance On All Perils John Doe
Jan 15, 2007, 1:01 pm
Property Owners of the World Unite! Karl Marx
Jan 15, 2007, 8:42 am
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