Quote:
Originally Posted by rubicon
Without boring anyone ...if anyone posting on this thread understands the benefits of property/casualty insurnce iot is me. However in that same vien, I have never been anywhere wherein I have witnessed rate increases to this magnitude. I really resent that I am subsidizing homeowners all along the coast line. There is not way an insurer can justify these % of increases based the the loss experience in this area
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It appears to me that insurance commisioner kevin mccarty just rubberstamps anything the most profitable insurance companies tell him to....................what will these massive increases do to property value?Is an appointed commisioner best for the citizens, or the insurance companies?I think that he should be invited to speak at one of the Squares ,I am sure that he would be more then happy to stand at the podium and answer any quetions as to why the people in the villages should have to subsidize the people in his part of the state!!