I realize that this guy is just another demogogue, but I wonder if he's considered the question of whether the big stick approach that he's taking has worked in Florida. Since I live here in Orlando, I can tell you it hasn't. And we did not even get hit by Katrina.
This guy is not "thinking outside the box." If he wants to solve Mississippi's insurance problems, he ought to look for ways to make the insurance business profitable in Mississippi. There are a lot of ways to do that short of a massive increase in premiums.
1 posted on
02/16/2007 12:57:14 PM PST by
Brilliant
To: Brilliant; 2ndDivisionVet; somniferum; flying Elvis; MagnoliaMS; MississippiMan; vetvetdoug; ...
Mississippi Ping.
Do I win the toaster?
2 posted on
02/16/2007 12:58:32 PM PST by
WKB
(Duncan Hunter: Finally a Republican I can vote for without holding my nose.)
To: Brilliant
He said the plan was modeled after actions taken by Florida and would require any company that writes automobile insurance to write homeowners policies as well.
I'm sure all the SF agents will love this.
3 posted on
02/16/2007 1:01:03 PM PST by
WKB
(Duncan Hunter: Finally a Republican I can vote for without holding my nose.)
To: Howlin
4 posted on
02/16/2007 1:01:53 PM PST by
WKB
(Duncan Hunter: Finally a Republican I can vote for without holding my nose.)
To: Brilliant
It looks like State Farm won't be writing any automobile policies in Mississippi.
6 posted on
02/16/2007 1:07:25 PM PST by
SomeoneNeedsToSayIt
(Socialism: If we ALL can’t be wealthy… we ALL will be poor…)
To: Brilliant
didn't they try some of this type of tomfoolery in CA a few years back, and the insurance companies called their bluff - they cleared out, canceled policies, and those who were dropped had a hard time getting someone else to take them?
I seem to recall that prices went through the roof as well.
8 posted on
02/16/2007 1:10:21 PM PST by
camle
(keep your mind open and somebody will fill it full of something for you)
To: Brilliant
Why doesn't the Federal Government just provide insurance coverage for everybody? (/sarcasm)
9 posted on
02/16/2007 1:11:29 PM PST by
D-Chivas
To: Brilliant
It's amazing how stupid people can be.
10 posted on
02/16/2007 1:21:11 PM PST by
Rodney King
(No, we can't all just get along.)
To: Brilliant
"he ought to look for ways to make the insurance business profitable in Mississippi."
I thought ALL insurance companies were profitable. Yes some lines would lose but others make up the shortage. All the good years they profit and when then one bad year they want to cut and run.
To: Brilliant
Was the Pageant on TV?
I missed it, who is the new Miss Ag?
And why is she seeking legislation...was that her "talent" segment?
Oh, and pictures please...
16 posted on
02/16/2007 4:43:15 PM PST by
Syncro
To: Brilliant
"..blocking State Farm Insurance Cos. from refusing to write new homeowners and commercial policies in the hurricane-battered state."
Couldn't they get around this by agreeing to write the homeowner policys but charging a premium of one million dollars a quarter, minimum?
21 posted on
02/16/2007 5:12:29 PM PST by
joebuck
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