Posted On: August 15, 2008, 10:53 pm CDT

Posted By: Pud

I understand. Everyone is being sqeezed.You have enlightened me to some issues but again you being an underwriter is a cut throat business.I didn;t realize that until you just said it.You guys are constantly under the gun as well.Incentives given by large companies have to be met otherwise they will go elsewhere.
I can't understand why they are asking for such a large increase.i know that the economy has gone south but who's to blame for that? Our politicians,businesss executives sending jobs overseas and realtors and banks.
Couple this with the increase in fuel and it's a recipe for disaster.Fl is certainly unique in the way they do insurance business.You have bare bones coverage at a high premium.Citizens is a joke!I would probably go without H.O before I paid that kind of money because I could use the capital of my property to rebuild and save the premium I pay on my home.I don;t have much of a home because of the mishap I mentioned but it amazes me how a company can come in and set a value on my home when market is clearly higher.If I suffer a total loss I would get half of what my home could sell for right now in this market.
This just fried my jewels because as I said I see these large payments made to execs and then they cry they need to increase premiums.
I know in the insurance world 6 million isn;t a lot but that could and would cover quite a few losses and what makes these people entitled to these awards?

I think that government as a whole is looking closely at the way executives of all corprations are compensated now.I hope they intervene because it will be this countries demise.
No large corporations in this country pay federal income tax and there sister companies abroad are exempt from the sameWhat is wrong with that picture.
I really hope that the issue stays on the forefront of the political agenda because this country will become a third world country unless they address it now.
British and Canadians are buying up American realestate and companies like it's going out of style.This is not good!
I priced my H.O.through them and was shocked at the price they gave me.If I hadn't had a mishap in my life that has taken away my life blood I wouldn;t be so bitter but try living on 20k a year when you made more than double that.
Again have a good one. Excellent dialog!