NOYB wrote:
I'd like to see the insurance industry regulated the way that public
utilities like power companies are regulated.

That's pricless. Gore the right ox, and suddenly even the staunchest of
conservatives is calling for more government regulation of private
industry. :-)

All the comparisons about terrorist threats being greater in NY,
Seattle, Chicago or what not don't have anything to do with why your
boat insurance is so high and whether or not it should be so high based
on the risk you choose to run by living where hurricanes are
commonplace. Your boat insurance premuims aren't underwriting losses
suffered by terrorist attack in large cities, and if there is some sort
of insurance premium one can pay to be insured against loss by
terrorism- none of that money if going into a fund to buy new boats for
Floridians who get smashed up by a hurricane.

The insurance companies should not be forced to sell you cheap
insurance, or even accept ridiculous levels of risk if they don't want
to. Falls under the category of free enterprise, don't you know.

I'd like to buy insurance against getting one year older next birthday-
but there isn't anybody willing to write it at any price because it is
a certainty that if I live to my next birthday I will indeed be a year
older. Rather than call for government regulation forcing people to
sell policies that don't make any sense, I think I'll just adapt to
getting older.

Seriously, it's a darn shame that you guys are having trouble buying
boat insurance down there- but no company should be forced to make
suicidal business decisions just to make boating more convenient in the
hurricane zone.