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Tuesday, April 3, 2012

postheadericon Insurance winning hand

Insurance companies will not be driven out of business. They will simply not insure.

Their model has always been passing the costs through and calculating the cost based on the risk.

Mandates on insurance companies can work if we have the stomach for the cost of the mandates, but the higher cost will discourage even more from paying in, which will make the pool even more expensive to stay in.

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