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Message
re: Insurance Expense
Posted on 1/31/24 at 10:30 am to go ta hell ole miss
Posted on 1/31/24 at 10:30 am to go ta hell ole miss
quote:
Tort reform was going to end rate increases. The only thing worse than trial lawyers are the insurance companies and politicians beholden to them on a scale of sleaze.
WSJ Insurance Rake in Profits As Customers Pay Soaring Premiums
Go look up what "margins" are and get back to us.
When oil prices are low, industry layoffs are prevalent.
When oil prices are high, fat bonuses checks abound.
Even the government profits off of margins.
Your local property tax assessor keeps 2% of the revenue (you could say that they steal that 2% from schools and children).
Property taxes increase, you never read about how your tax assessors are taking in record profits.
1
Posted on 1/31/24 at 11:35 am to meansonny
quote:
Your local property tax assessor keeps 2% of the revenue (you could say that they steal that 2% from schools and children). Property taxes increase, you never read about how your tax assessors are taking in record profits.
When property taxes go up 17% (business insurance increases YOY), 21% (avg homeowner premium increase YOY) or 17% (avg auto ins increase YOY) you get back to me.
You cannot use a 2% tax accessor rate compared to 20% insurance increases and be taken seriously in this argument about exorbitant insurance premiums.
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