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Originally Posted by Shadow
Insurance companies spread thier risks over the country. I have no sympathy for them or thier losses. They chose to take the risk.
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That used to be true, but no longer. Did you know that most (if not all) of the insurance companies have spun off Florida into it's own separate insurance company? i.e., State Farm Florida, and Allstate Florida, etc.? That's so that each of those companies can go bankrupt and it won't touch the main company.
Pretty nifty of them, eh? "Good hands" and all that stuff...........
