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HomerJSimpson · 08-29-2005, 07:05 PM

Actually heard a financial guru say the insurance companies MAKE money on these disasters. They pay out big money on the front end, but will more than make up for in increased premiums on the back-end. Don't worry, they're not.

08-29-2005, 07:05 PM	#331
HomerJSimpson College Benchwarmer Join Date: Jan 2005 Location: Springfield, USA	Actually heard a financial guru say the insurance companies MAKE money on these disasters. They pay out big money on the front end, but will more than make up for in increased premiums on the back-end. Don't worry, they're not.