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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: James F. Hopkins who wrote (26840)	3/20/1998 2:56:00 AM
From: Brian Moore	Read Replies (1) \| Respond to of 132070

Jim, they just keep showing the same house sliding down the cliff over and over again. Things are fine. Nothing to worry ab........ . .

To: James F. Hopkins who wrote (26840)	3/20/1998 9:27:00 AM
From: KENNETH R SANDERS	Read Replies (3) \| Respond to of 132070

JAMES>>>>>>>>>>in fact insurance cos are getting hyped..but who ever is covering those houses washing down the hillsides over there is taking on some big losses no one is talking about, yet. Every week you see these things rolling down the hills, but not a word about how it's hitting the insurnce cos. Bet there are some insiders getting out of them..<<<<<<<<<<<<<<<<<<<<< Check the exclusions section of your policy where things like earth movement and subsidence are excluded. If there is any coverage, it's backed by the Federal government(like flood insurance) and we are the insiders and we can't get out!

To: James F. Hopkins who wrote (26840)	3/20/1998 12:36:00 PM
From: Knighty Tin	Read Replies (1) \| Respond to of 132070

Jim, As weird as it sounds, insurance cos. love disasters. Seeing houses rolling down the hills causes millions of folks to buy policies. The 4 biggest that I know about in that area, and this is just from talking to folks who live there, not from any solid data, are State Farm (private), Lloyds of London, AllState, and Prudential. I think Allstate may be the only play, but it is selling at all time highs thanks to the disasters. MB