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Pastimes : THE COFFEE SHOP--A place to discuss Minute Subjects

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To: Ish who wrote (23465)9/16/1999 8:49:00 AM
From: Mephisto  Read Replies (1) of 24894
 
[The latest guess is $8 billion will be paid by insurance
companies.
]

Very interesting report on news last night about insurance coverage. In some instances, the companies may not pay any insurance. After the last hurricane, many insurance companies struggled to survive so they developed a new way to calculate how much they will pay if your property is damaged. The news report mentioned that many people may not have been aware of the changes.

But if they have noticed the changes, they have spent a fortune on insurance coverage.

M......
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