Big Debate on Bill to Ban Insurance Cancellations

By DAVID GUTMAN | March 13, 2013

  • March 14, 2013 at 11:09 am
    Jester says:
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    P&C companies pay millions to actuaries to consider their risk exposure. Weather is a primary one and the reason why people buy their product. The companies take their money then get pissed off when one of the perils they insured against results in a loss. This is grossly unfair to the consumer. Let them balance bill other parts of the country to make up the differnce. That’s supposed to be what insurance is all about. Stop boning those who are at the mercy of weather.



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