dagblog - Comments for "Harvey abruptly changes economic fortunes (in Houston), for better and worse"

you pegged it here, the

artappraiser — Wed, 04 Oct 2017 13:35:39 +0000

In reply to Likely. Another rigged market

you pegged it here, the insurance game is an eternal situation of a rigged market, it has to be continually tweaked by government. Like a stock exchange has to be regulated. It's complicated but most of us sort of get that now after learning the details of Obamacare. If it's not constantly regulated with constantly changing regulations, and challenges in court, it just doesn't work as advertised. And in a situation like that, there are always a significant number of losers. Suffice it to say: insurance can't really make anyone feel completely safe, all their advertising and marketing is worse than hogwash. The minute you make a claim on the policy you were paying for, you become their adversary, their job is to pay you as little as possible.

PR insurance hardass a Trump

PeraclesPlease — Wed, 04 Oct 2017 13:18:38 +0000

In reply to Sorry, nothing will make me

PR insurance hardass a Trump friend? Maybe that's what he meant when he said PR's costing "us" lots of money, when he hasn't even declared it eligible for emergency funds. If the Mugtrump ain't making money on it, he ain't interested.

Likely. Another rigged market

PeraclesPlease — Tue, 03 Oct 2017 18:38:39 +0000

In reply to Sorry, nothing will make me

Likely. Another rigged market to contain. If only you could appraise water damage the way you do art, you'd be a kabillionaire.

Sorry, nothing will make me

artappraiser — Tue, 03 Oct 2017 14:37:18 +0000

In reply to Read elsewhere that Texas is

Sorry, nothing will make me lose my hatred of the insurance industry of all types, they earned my prejudice throughout my many experiences with them. I just know that there are adjusters out there right now arguing with people that the waterline on their house proves flood damage vs. hurricane damage, but feel free to call us back if there is a zombie apocalypse, your thousands a year in premiums got you covered then.

Read elsewhere that Texas is

PeraclesPlease — Tue, 03 Oct 2017 01:59:00 +0000

In reply to Harvey abruptly changes economic fortunes (in Houston), for better and worse

Read elsewhere that Texas is busy screwing Houston because it's Dem and largely black. Unsurprising.

Also, I think now of all the anti-insurance company diatribes, but here's where we expect insurance to pay off and insurance companies to take the hit. What is life without proper insurance? Is all the demonization valid? "Too big to fail" can also mean that while everything else has gone tits up, there might be 1 or 2 institutions left stable to keep things in check. Once upon a time that included the federal government, but uselessness in Puerto Rico shows how badly that role's fallen into disarray.