Why Is An Insurance Policy Like A Prized Antique

Now it is reasonable to include in our study that in 1991, South Florida was confronted by the most costly hurricane in human history. Andrew was able to destroy 25 billion dollars of property. Certainly the industry was jolted by those payments. Yet, since this is a regulated playing field- are the insurance industry's rate increases consistent with a fair share? This issue is of particular importance because of the anticipated increase in severe weather. (Climate Change Hits Insurance Industry- http://www.beachbrowser.com/Freedom-Comm... The Industry demands rate protection when they face excess losses, however do we ever hear Insurance company executives protesting excessive profits and demanding rate reductions?

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