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DU Home » Latest Threads » Forums & Groups » Places » U.S. » Florida (Group) » Ahh, another special sess... » Reply #4

Response to onethatcares (Original post)

Thu Nov 24, 2022, 08:50 AM

4. Made living most of my life in insurance and finances.

Have said for many years insurance will do in the low lying areas of our country. Just read 10 insurers went bankrupt because they paid so much in Louisiana hurricane damage payouts, the well went dry. Insurers can not stand the risk of insuring properties against claims for same thing year after year. I assume state will have to become insurer of last resort.

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