There is nothing like seeing home insurance premiums go up 30 percent while coverage’s are cut, to get us thinking about the whole “risk industry.” With me grabbing for the green eyeshades and trying to find Diogenes in this industry (without much luck) what better time (one month from premium due date) than to see how the insurance industry has been changing. Not frot he better.
Why, I’m so old I remember when red-lining had somthing to do with race and real estate sales – and now it’s all about fire loss potential and real estate…
From there we move into looking at other risks, like “spontaneously combusting nuclear events…:” which, wouldn’t you know, is right around the fringes of what comes next.
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