Section Sponsor: Applied Underwriters West News

Viewing comments for:

Insurers Rebut Claims Policies Will Be Cancelled Due to Wildfires

West News • October 26, 2007
Insurance industry associations in California are hoping to quell concerns stirred up they say by the media and politicians that indicate homeowners' policies would be cancelled because of the ...

Insurance Journal is not responsible for the content of the message below.

Subject: And this comes as a suprise??????????

Posted On: October 26, 2007, 10:17 am CDT
Posted By: another guy named Rick
Comment:
If policyholders don't "pay" for those losses through increased premiums, then who is supposed to? Insurers have yet to develop the technology needed to print real money in their basements.

I know I'm being simplistic, but that is what insurance is all about...it is a pass through mechanism. I pay premiums and they pay claims. (somebody else want to get into spreading risk and things like investment income??)
Subject Posted By Posted On
RE: RE: RE: cancel them! Chris
Oct 29, 2007, 3:42 pm
RE: RE: And this comes as a suprise?????????? SP
Oct 29, 2007, 2:45 pm
RE: RE: And this comes as a suprise?????????? Stat Guy
Oct 29, 2007, 2:33 pm
RE: And this comes as a suprise?????????? Stat Guy
Oct 29, 2007, 2:31 pm
RE: RE: cancel them! Mary B.
Oct 26, 2007, 6:01 pm
RE: cancel them! Linda
Oct 26, 2007, 3:21 pm
cancel them! Joe underwriter
Oct 26, 2007, 2:31 pm
what are they doing? bob
Oct 26, 2007, 2:27 pm
RE: RE: And this comes as a suprise?????????? Bart
Oct 26, 2007, 1:36 pm
RE: And this comes as a suprise?????????? Papa John
Oct 26, 2007, 1:21 pm
RE: RATE INCREASES Bart
Oct 26, 2007, 1:05 pm
And this comes as a suprise?????????? another guy named Rick
Oct 26, 2007, 10:17 am
RATE INCREASES Claims Realities
Oct 26, 2007, 7:29 am
Back to article

Post a Comment

.