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Old 11-02-2019, 12:21 AM   #68
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City: Fort Lauderdale
Country: USA
Join Date: Jan 2014
Posts: 17,495
Originally Posted by Roamer Blue View Post
The whole insurance market is hardening. Auto and home is going up, trying to insure new ventures is difficult, a guy with a truck can't get insurance, RV's are being dropped... it's all related. As noted, the rampant under cutting to gain market share is coming home to roost, add in the "no victim" idea that insurance fraud is acceptable to too many people... circle the wagons, insurers are going to get more intrusive in the normal stuf, and just say NO to anything out of the ordinary... seek insurance FIRST, before commiting your capital.
Last time we had bailouts such as AIG for $180 billion. Note that they did repay $205 billion four years later.
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