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Originally Posted by justjim
Insurance companies taking another big hit with these fires. The fires are difficult not boring to watch. I feel awful for those who lost their homes and all of their priceless possessions. Lives lost but many also saved by the brave first responders on the front lines. The billions in losses will be reflected in our next homeowner’s insurance premiums also. All too common these disasters.
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IMO There should be one insurer in this country United States all those billions going to insurance CEOs and company might as well go government. They can’t even any worse. This IMO includes vehicle, life, health, and residential. Government always bales insurance out when big event occurs. Let insurance industry go out get real job. In Cala case insurer claims will get denied business as usual for insurance. Then government again will bale them out AND they WILL raise rates on rat or us.