please don’t waste your space and my time by quoting from an environmental advocacy group. The name along means wacko group that has nothing but dire predications regarding mankind and what mankind does. I’m sick of people excepting what they say without question. What’s new the climate is, has, and will always change, and there’ not one thing mankind can do about those changes. Let’s not chase ghost.
Where were you two when the industry and POLICYHOLDERS had record losses for many years running? You obviously know nothing about business if you think that profits are bad – companies who don’t enjoy profits are called bankrupt. And once again for those new to insurance like you two – in most states the insurance commissioner sets the rate to make sure its not too high OR TOO LOW STUPIDS!!! I love this next question “How could it be too low Gill Fin?”. When its too low private insurers leave and the government gets stuck providing insurance. The same pickle Florida now finds itself in. But you two should really just buy it from the government, really! Thats best for you.
Dopes in denial. So the entire insurance industry is so stupid that it is stampeded by environmental advocacy groups. Nonsense. For your information, I cannot obtain insurance for my house on Cape Cod at any price in the private market place, so I have Fair Plan coverage with a high wind deductible at twice the price I used to pay in the private market. I know–all the insurers are just stupid and it is all Al Gore’s fault. Keep believing that.
Duh, yeah! High wind and floods. Might that have something to do with coastal storms, or does the tooth fairy just bring them. As to over building, if you knew anything about the Cape you would know that a very large percentage of the outer Cape towns are in the Cape Cod National Sea Shore, from which new bulding has been almost completely eliminated since 1961. Obvously, if you knew anything about insurance underwriting and CAT modeling you would know that insurance companies have made the rational decision that it is not worth the risk any more in writing in CAT exposed coastal areas such as the Cape, as well as the other CAT exposed areas on the East Coast, even though that business was highly profitable in the past except for the increasingly frequent CAT losses. And what is causing the increasing frequency of CAT losses. Almost every reputable climate scientist has concluded that global warming is a big factor. There are a few maverics, but they are becoming fewer and fewer. Even the WSJ, hardly known as a left-wing paper, has reported on the growing consensus of scientific opinion. It might make you feel better to rant about Al Gore and the environmental loonies, but when the next big storm hits, I hope you don’t have a house in an exposed area.
So what are you saying Steve? That you are happy with Fair or not happy with Fair? If any private insurers could get rate adequate and your commissioner approved their rate filing, you would have that choice. If the commissioner won’t approve their rate filing you have to use Fair and pass on the expense above and beyond what you pay to your fellow citizens who don’t live on the coast. Which do you want?
The problem isn’t as much global warming as it is increased building in flood and wind prone areas. I know a little about this, being from New Orleans.
But I am so glad to have you and your lovely personality online to provide your infinite wisdom. Now go kiss yourself in the mirror.
I have this great piece of property, but I can’t get any insurance and I don’t understand why.
1) The weather is always perfect, never any hurricanes, floods or earthquakes.
2) The house is made of brick, so it will never catch fire.
3) The winds are always calm.
4) There isn’t any crime…ever.
5) No one ever visits me, so I’ll never have any visitors making liability claims.
The only problem is I built the home on the railroad tracks. But don’t worry, I built it ten years ago and there hasn’t been one yet, however, I know there is another train coming, I just don’t know when.
Dear ad/vlad, I am glad to get such a substantive answer from such a knowledgeable and intelligent person, especially someone who claims to come from New Orleans. Since I am so busy kissing my mirror, this will be my sign off. Have a good life.
“Almost every reputable climate scientist has concluded that global warming is a big factor. There are a few maverics (sic), but they are becoming fewer and fewer.”
There’s one problem with the above; science & truth are not determined by “consensus” or popularity. They are determined by what actually is. Did you know that at one time the sun rotated around the earth? It’s true. Why? Because at one time the “consensus” of “scientists” agreed that that was so. But then there was someone who came along and committed the ultimate sin among the masses: observing for himself and thinking independently (anyone who does this can tell you it’s the fastest way to “get into trouble” among “respectable society” and possibly even get yourself killed).
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please don’t waste your space and my time by quoting from an environmental advocacy group. The name along means wacko group that has nothing but dire predications regarding mankind and what mankind does. I’m sick of people excepting what they say without question. What’s new the climate is, has, and will always change, and there’ not one thing mankind can do about those changes. Let’s not chase ghost.
Where were you two when the industry and POLICYHOLDERS had record losses for many years running? You obviously know nothing about business if you think that profits are bad – companies who don’t enjoy profits are called bankrupt. And once again for those new to insurance like you two – in most states the insurance commissioner sets the rate to make sure its not too high OR TOO LOW STUPIDS!!! I love this next question “How could it be too low Gill Fin?”. When its too low private insurers leave and the government gets stuck providing insurance. The same pickle Florida now finds itself in. But you two should really just buy it from the government, really! Thats best for you.
Dopes in denial. So the entire insurance industry is so stupid that it is stampeded by environmental advocacy groups. Nonsense. For your information, I cannot obtain insurance for my house on Cape Cod at any price in the private market place, so I have Fair Plan coverage with a high wind deductible at twice the price I used to pay in the private market. I know–all the insurers are just stupid and it is all Al Gore’s fault. Keep believing that.
Steve,
So it has nothing to do with increased building in high wind, high flood vulnerable areas, as is Cape Cod?
Duh, yeah! High wind and floods. Might that have something to do with coastal storms, or does the tooth fairy just bring them. As to over building, if you knew anything about the Cape you would know that a very large percentage of the outer Cape towns are in the Cape Cod National Sea Shore, from which new bulding has been almost completely eliminated since 1961. Obvously, if you knew anything about insurance underwriting and CAT modeling you would know that insurance companies have made the rational decision that it is not worth the risk any more in writing in CAT exposed coastal areas such as the Cape, as well as the other CAT exposed areas on the East Coast, even though that business was highly profitable in the past except for the increasingly frequent CAT losses. And what is causing the increasing frequency of CAT losses. Almost every reputable climate scientist has concluded that global warming is a big factor. There are a few maverics, but they are becoming fewer and fewer. Even the WSJ, hardly known as a left-wing paper, has reported on the growing consensus of scientific opinion. It might make you feel better to rant about Al Gore and the environmental loonies, but when the next big storm hits, I hope you don’t have a house in an exposed area.
So what are you saying Steve? That you are happy with Fair or not happy with Fair? If any private insurers could get rate adequate and your commissioner approved their rate filing, you would have that choice. If the commissioner won’t approve their rate filing you have to use Fair and pass on the expense above and beyond what you pay to your fellow citizens who don’t live on the coast. Which do you want?
Steve, you are a condescending dolt.
The problem isn’t as much global warming as it is increased building in flood and wind prone areas. I know a little about this, being from New Orleans.
But I am so glad to have you and your lovely personality online to provide your infinite wisdom. Now go kiss yourself in the mirror.
I have this great piece of property, but I can’t get any insurance and I don’t understand why.
1) The weather is always perfect, never any hurricanes, floods or earthquakes.
2) The house is made of brick, so it will never catch fire.
3) The winds are always calm.
4) There isn’t any crime…ever.
5) No one ever visits me, so I’ll never have any visitors making liability claims.
The only problem is I built the home on the railroad tracks. But don’t worry, I built it ten years ago and there hasn’t been one yet, however, I know there is another train coming, I just don’t know when.
Dear ad/vlad, I am glad to get such a substantive answer from such a knowledgeable and intelligent person, especially someone who claims to come from New Orleans. Since I am so busy kissing my mirror, this will be my sign off. Have a good life.
“Almost every reputable climate scientist has concluded that global warming is a big factor. There are a few maverics (sic), but they are becoming fewer and fewer.”
There’s one problem with the above; science & truth are not determined by “consensus” or popularity. They are determined by what actually is. Did you know that at one time the sun rotated around the earth? It’s true. Why? Because at one time the “consensus” of “scientists” agreed that that was so. But then there was someone who came along and committed the ultimate sin among the masses: observing for himself and thinking independently (anyone who does this can tell you it’s the fastest way to “get into trouble” among “respectable society” and possibly even get yourself killed).