Submitted by Rich Catania (not verified) on Tue, 04/19/2011 - 10:04am.
What a joke. Another insurance company that stops offering insurance because they do not want to take the risk. The best is the department of Insurance in this state's response that they do not have the jurisdiction to stop the insurance company from making thesechaanges. Real simple. If they do not want to provide insurance to everyone in a particular State they should not be allowed to provide any insurance. Does anyone think their rates are going down because of this? Think again. Plus, in most cases there were so many caveats on the Homwowners Policy that they were not covering loses from WInd or Flodding anyway.
What a joke. Another
What a joke. Another insurance company that stops offering insurance because they do not want to take the risk. The best is the department of Insurance in this state's response that they do not have the jurisdiction to stop the insurance company from making thesechaanges. Real simple. If they do not want to provide insurance to everyone in a particular State they should not be allowed to provide any insurance. Does anyone think their rates are going down because of this? Think again. Plus, in most cases there were so many caveats on the Homwowners Policy that they were not covering loses from WInd or Flodding anyway.