Originally Posted by JeffA
Originally Posted by Daveinjax
Most here reading this have no idea of the trouble homeowners insurance is here in Florida and how expensive it can be. Or how insurance companies use flood insurance vs windstorm insurance arguments to delay or not pay for damage.

I could see them using the same argument to blame the fire on the storm to get out of paying.

I suspect more than few insurance companies will go bankrupt due to the damages this storm leaves behind.
I’m sure plenty will go bankrupt because that’s how they’re set up. They’re fronts that take the premium and pass it along to the investors immediately and then if there’s catastrophic claims the investors just bankrupt the shell and start a new one. Insurance is just a sophisticated Ponzi scam. The shell company leases everything from the real company at astronomical prices and uses junk inflated paper assets that when actually needed don’t have anywhere near the claimed value. Holding company writes off the insurance company and takes a big tax write off.

‘TO LEARN WHO RULES OVER YOU, SIMPLY FIND OUT WHO YOU ARE NOT ALLOWED TO CRITICIZE’

Conspiracy theorists are the ones who see it all coming…

You are the carbon they want to eliminate !

I’m Uber Deplorable Ultra MAGA !