re: Should insurance companies keep paying

I certainly hope that it wasn’t me you were thinking was an insurance agent. Nothing could be further from the truth.
I was merely stating that they don’t gamble AT ALL. They are sure thing operators. They KNOW they are going to win. The law of large numbers guarantees it. Pay no attention to all the belly aching and crying they do when they have a large number of claims. It’s all figured into the premiums they take in. Plus if they object enough, they might get someone to chip in to help pay, or maybe a governor will cave and say please don’t leave our state.

Just like a casino, they don’t care if you win, they know with the law of large numbers how much they will win and how much they will pay out. They probably think winners are good for business, as it calls customers in, thereby allowing them to more than make up for what they paid out. Possibly from the winner they just paid.