"thunder" wrote in message
...
On Thu, 19 May 2005 13:34:48 -0400, JimH wrote:


I do not know if it is true but it would not surprise me. The company
most likely decided that the risk of insuring coastal property outweighed
the benefit. They have the option of deciding not to insure homes and
business in hurricane prone areas. They are a business with a goal of
making money, not losing it.

Huh? An insurance companies job *is* risk assessment.


Forgot to add. If you think this decision to pull out was not based on a
risk assessment then you indeed do not know anything about the business.

If they were doing
their job correctly, they would be making money regardless of the risk.

Pure hogwash. I guess you don't know anything about the business.