This never would never have happened if President Palmer was alive!
More seriously, I imagine this is the inevitable result of the government bailing everyone out of disaster who neglects to buy insurance. The insurance companies can bail out of a high-risk area and leave EVERYONE in the government's hands.
More seriously, I imagine this is the inevitable result of the government bailing everyone out of disaster who neglects to buy insurance. The insurance companies can bail out of a high-risk area and leave EVERYONE in the government's hands.
How's Jack gonna fix this on a slow boat to China????
More seriously, I think you've nailed it.
I don't think the insurance companies care whether there is a gov't bail out or not. They are there to make money and if they don't think they can, they would leave even if there isn't a gov't bailout. But if they think they can make money, no gov't bailout is going to keep them away.