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Insurance companies would have to be very stupid to
Posted on: December 31, 2021 at 15:14:00 CT
JeffB MU
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require bailouts even if these dire predictions came to pass.
1. The federal government funds the flood insurance program.
2. Insurance companies write policies typically for a year. They have plenty of time to increase prices, increase deductibles, pull out of coastal areas or entire states long before the losses become unwieldy should the risk become apparent.
1. The federal government funds the flood insurance program.
2. Insurance companies write policies typically for a year. They have plenty of time to increase prices, increase deductibles, pull out of coastal areas or entire states long before the losses become unwieldy should the risk become apparent.
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Insurance companies would have to be very stupid to - JeffB MU - 12/31 15:14:00