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Politics : Formerly About Advanced Micro Devices
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To: Jim McMannis who wrote (193480)7/7/2004 11:07:49 AM
From: SilentZ  Read Replies (3) of 1573849
 
>Edwards seems like a likeable guy but Trial Lawyers and expensive insurance supposedly take 10%+ off the GNP due to litigation...every year.

Expensive insurance, likely, but do you think it's really mostly because of the lawyers? Insurance premiums have mostly been rising for two reasons:

-9/11 gave insurance companies a really good excuse to raise their rates substantially

-Insurance companies make most of their money off of investment income; they got killed after the dot-com bust.

-Z
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