Reply #31: that's bullshit

[barb162]

when a national insurer like Allstate or State Farm suffers Florida hurricane losses, we all pay across the country because they are spreading the losses out among all homeowner policyholders. All rates across the country will go up next year attributable to florida losses. And I bet a lot of the houses damaged shouldn't have been there in the first place. It's not like this is "unforseen loss." This is on about the same level as a house in CA being put right on the San Andreas fault.