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True, but that is not going to change anytime soon. I was interested to read that most of the profit from the Comstock silver strike in the 1860's was consumed in litigation over who owned the claims. Americans willingness to use the courts to secure "fair" settlements goes back a long way. Mike MU-2 "Tom S." <[EMAIL PROTECTED]> wrote in message news:[EMAIL PROTECTED] > > "Mike Rapoport" <[EMAIL PROTECTED]> wrote in message > news:[EMAIL PROTECTED] > > If the stock market continues to perform well, premiums should come down. > > Since insurance companies collect premiums now and plan to pay claims in > the > > future, the rate of return on the invested premiums is a critical part of > > the calculation of how much those premius should be in the first place. > > > > Mike > > MU-2 > > > When policy holders are held liable for occurrences beyond their control and > damages that are hideous, there's only one way for the insurance companies > to make it up. > > See my other post about our totally nutbar tort system. > >
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