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The Water Cooler
General Discussion
My insurance guy is saying that premiums are climbing in Okla due to last year's hail
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<blockquote data-quote="Hobbes" data-source="post: 1424368" data-attributes="member: 3371"><p>Makes you wonder how an insurance company can go broke doesn't it?</p><p>Take a bath on a historic hailstorm and raise premiums to cover while preserving your profit margin.</p><p></p><p>Have you ever heard of an Insurance company declaring bankruptcy?</p><p>(<em>AIG doesn't count, they were gambling with CDOs</em>)</p></blockquote><p></p>
[QUOTE="Hobbes, post: 1424368, member: 3371"] Makes you wonder how an insurance company can go broke doesn't it? Take a bath on a historic hailstorm and raise premiums to cover while preserving your profit margin. Have you ever heard of an Insurance company declaring bankruptcy? ([I]AIG doesn't count, they were gambling with CDOs[/I]) [/QUOTE]
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The Water Cooler
General Discussion
My insurance guy is saying that premiums are climbing in Okla due to last year's hail
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