Does Property and Liability Insurance remind you of welfare?

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Randy Lee Dube

Does Property and Liability Insurance remind you of welfare?

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Building goes up, hurricane demolishes building; Insurance Companies compensate builder, designer, building codes, building inspectors, consumer, banker, investor, doctors; run out of money; passes on compensation responsibilities to U.S. and Local Governemnts; hikes premiums or bails from region!!

Matching Private Sector to Public Sector Welfare Programs leads to inferior product development, suppressions in education, science and technology research and development, new product innovation, job and business growth, and business profits!!

Any opinions on this perspective?

John Ansell

Re: Does Property and Liability Insurance remind you of welfare?

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I get the feeling that the insurance companies of today are nothing more than legalized Maffia.