[dawn53]

May be a simplistic solution, but I'm in Florida and have thought for a long time, if they want to get out of the homeowner's market fine. But keep them from writing any other type of insurance in the state as well, like auto, etc.

Insurance companies cherry pick.

Our rates went up significantly in Florida due to hurricanes in the past few years. What if we don't have any hurricanes (as in last season) or minimal hurricanes for the next few years? Will the rates go down to reflect their savings....I don't think so!

[CharlesWayneCT]

My car insurance company pays out money if they have a good year, I've received checks from them in the past.

[Mark was here]

May be a simplistic solution, but I'm in Florida and have thought for a long time, if they want to get out of the homeowner's market fine. But keep them from writing any other type of insurance in the state as well, like auto, etc.

Should someone who sky dives every day, pay the same rate for health insurance as someone who doesn't? I do not think so, those with high risk hobbies should assume the cost of the increased risk.

Why should my rates go up because of someone else's lifestyle choices?

[NittanyLion]

May be a simplistic solution, but I'm in Florida and have thought for a long time, if they want to get out of the homeowner's market fine. But keep them from writing any other type of insurance in the state as well, like auto, etc.

Use government force to subvert the natural working of the free market? Not a very conservative outlook...

[armydoc]

May be a simplistic solution, but I'm in Florida and have thought for a long time, if they want to get out of the homeowner's market fine. But keep them from writing any other type of insurance in the state as well, like auto, etc.

More government regulation of the so-called "free" market, ya, that's the ticket! Just don't be upset when your auto insurance premium triples to cover home insurance losses. That pesky Law of Unintended Consequences in action.

Insurance companies cherry pick.

Of course they do! Would you expect anything different? Tell me, when you invest in stocks, don't you "cherry pick" the stocks that represent the least risk and greatest potential reward? Perhaps that shouldn't be allowed. The government should require that equally distribute their investments among ALL stocks, or not be allowed to invest at all. Silly? Isn't that what you are advocating for the insurance industry?

[bert]

....Will the rates go down to reflect their savings.....

Of course they will go down. That's the way markets work. Competative pressure will move rates down

[evangmlw]

Difficult for an insurance company to make up a billion dollar loss in a years time.