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.
Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: DMaA who wrote (336723)1/3/2003 7:28:20 AM
From: John Carragher  Read Replies (1) | Respond to of 769667
 
I thought it was all trial lawyers.. but a clip on the news last night identified another cause of insurance costs going up.... The insurance companies (like most of us) have lost big time investment money in the markets in the last few years... To make up for these losses they are raising costs or getting out of states where expenses have been high.... The latest is home owners insurance.. one claim and you get dropped from State Farm.. They have pulled out of Ca. another is auto insurance a lot of companies have pulled out of NJ. (I believe people moving into the state cannot get car insurance). Here in Pa. we avoided a doctor strike as incoming Govn. Rendall says he will do something.. Really wonder though he is tied into law firms.. Biggest contributors was law firms. Hope this guy has some credibility..

ps Hope Ken doesn't read this post.. He might think we are getting soft on trial lawyers.. ggg