Kathy ,You tell this sad agentes who love money more than the poor people who have been so harm by all of this . It Tells you alot about greed in agents. Look at the post by this sad group, They have no clue. Its all money to them no more and no less. I think it,s time to see the foolishness and sickness of the insurance mind. No sand in my backyard. 3000 milies away. This is all over the U.S lots of harm, greed and Lots of FRAUD!!!
My point exactly….If we allow the greed to flourish in Florida it will come to your town soon! Next they will not cover any state that has tornados, floods, earthquakes (opps that\’s already happening), mudslides, volcanos, fires, and the list goes on. I would like to own a company that can charge people what ever it wants for a product and then say…sorry I no longer have that product but thanks for the cash! See Ya!
MY POINT was that anywhere could be hit in Florida! so why are they ASSUMING that all the damage will be done on the coast…like when ORLANDO got the worst of the damage and yet didn\’t affect US on the coast!!
As for my Wealth…or lack of Wealth, which you have NO idea about I certainly am richer in compassion then you will EVER be.
Enjoy your coffee breaks….As an independently wealthy person I CHOOSE to post or not to post at my convince and not while being paid by others!
Please don\’t make me cry. Insurance is just a business, just like any other. If a company is not earning the rate of return needed to make a profit in an area for a product they have two choices. Raise the price or stop selling the product. Unfortunatley this is not a communistic society… or should I say fortunately!
Disney has NEVER increased their ticket price by 300% to 500% and you don\’t HAVE to buy Disney Tickets if you own a home in Florida but you DO have to purchase homeowners insurance!
If insurance is just a business…trying to make money…then why is it regulated by state government? Furthermore, then why do most states REQUIRE you to carry some sort of insurance (i.e. auto, homeowners, etc…)
Not trying to be catty…just asking a sincere question.
\”MY POINT was that anywhere could be hit in Florida! so why are they ASSUMING that all the damage will be done on the coast…like when ORLANDO got the worst of the damage and yet didn\’t affect US on the coast!!\”
Really? Then why all the damage to Captiva island (during Hurricane Charley) ON THE COAST south of you? Get your facts straight.
P.S. I have compassion; I am just not an idiot. Hint hint. And if you are independently wealthy perhaps you would like to spend more time educating yourself. You could start by getting your GED. Thanks! :)
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Florida Homeowners Insurance
(in $000\’s)
Direct Direct
Year Earned Premium Losses Incurred Loss ratio
2006 5,261,924 1,672,266 31.8%
2005 4,982,227 6,809,524 136.7%
2004 4,504,490 12,563,815 278.9%
2003 3,912,827 1,362,794 34.8%
2002 3,325,039 1,282,590 38.6%
2001 2,932,111 1,234,230 42.1%
2000 2,789,318 886,645 31.8%
1999 2,494,847 829,587 33.3%
1998 2,230,616 734,709 32.9%
1997 1,994,542 676,893 33.9%
1996 1,746,610 638,771 36.6%
Total 36,174,551 28,691,824 79.3%
Underwriting expenses (incl. commission), loss adjustment expenses not included
Hope this is legible
Kathy ,You tell this sad agentes who love money more than the poor people who have been so harm by all of this . It Tells you alot about greed in agents. Look at the post by this sad group, They have no clue. Its all money to them no more and no less. I think it,s time to see the foolishness and sickness of the insurance mind. No sand in my backyard. 3000 milies away. This is all over the U.S lots of harm, greed and Lots of FRAUD!!!
My point exactly….If we allow the greed to flourish in Florida it will come to your town soon! Next they will not cover any state that has tornados, floods, earthquakes (opps that\’s already happening), mudslides, volcanos, fires, and the list goes on. I would like to own a company that can charge people what ever it wants for a product and then say…sorry I no longer have that product but thanks for the cash! See Ya!
Bill,
Just hoping for clarification on the figures provided.
Are these total Florida Property & Casualty figures, homeowner figures, commericial lines figures, what?
The reason that I ask is that these are significatnly different than the Homeowner figures I have.
Thanks
DWT
MY POINT was that anywhere could be hit in Florida! so why are they ASSUMING that all the damage will be done on the coast…like when ORLANDO got the worst of the damage and yet didn\’t affect US on the coast!!
As for my Wealth…or lack of Wealth, which you have NO idea about I certainly am richer in compassion then you will EVER be.
Enjoy your coffee breaks….As an independently wealthy person I CHOOSE to post or not to post at my convince and not while being paid by others!
Please don\’t make me cry. Insurance is just a business, just like any other. If a company is not earning the rate of return needed to make a profit in an area for a product they have two choices. Raise the price or stop selling the product. Unfortunatley this is not a communistic society… or should I say fortunately!
Disney has NEVER increased their ticket price by 300% to 500% and you don\’t HAVE to buy Disney Tickets if you own a home in Florida but you DO have to purchase homeowners insurance!
Whew, the nutters are out today. I have to leave now before the police come to arrest me, I do work for an evil insurance company after all.
If insurance is just a business…trying to make money…then why is it regulated by state government? Furthermore, then why do most states REQUIRE you to carry some sort of insurance (i.e. auto, homeowners, etc…)
Not trying to be catty…just asking a sincere question.
\”MY POINT was that anywhere could be hit in Florida! so why are they ASSUMING that all the damage will be done on the coast…like when ORLANDO got the worst of the damage and yet didn\’t affect US on the coast!!\”
Really? Then why all the damage to Captiva island (during Hurricane Charley) ON THE COAST south of you? Get your facts straight.
P.S. I have compassion; I am just not an idiot. Hint hint. And if you are independently wealthy perhaps you would like to spend more time educating yourself. You could start by getting your GED. Thanks! :)