SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?


To: maceng2 who wrote (167610)5/22/2002 4:41:16 PM
From: Knighty Tin  Respond to of 436258
 
PB, Lloyds had a history of always paying up, which has hurt them greatly. For example, in the San Francisco earthquake, the US insurers simply walked away and said, "geez, that's too much for me to pay." Lloyd's paid. That's a really dumb idea to do what you contract to do. <g>