Posted On: February 21, 2008, 9:10 am CST

Posted By: Stat Guy

I wonder how the banking industry would accept only a 5% return? Insurance companies under-perform when compared to banking, steel, oil, manufacturing, let alone the auto companies. There would be a down turn in the stock market if any other industry had to return "excess" profits. This is nothing but more crap from Tallahassee. The state government in Florida created a mess and now they spend all their time grandstanding to make it look like they are actually doing something worthwhile....ONLY in Florida, where everyone expects an entitlement program for insurance, as well as social security, umemployment etc. That mentality is what is driving this expectation that ALL losses are covered, but not necessarily insured by paying premiums.....premiums, what are those? Give me coverage but don't charge me, charge those big bad old rich insurance companies. Let's share the wealth, afterall, and by that I mean THEIR wealth (sarcasm fully intended!)