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re: Does insurance violate the basic laws of economics?

Posted on 3/1/24 at 10:53 am to
Posted by DCtiger1
Panama City Beach
Member since Jul 2009
8795 posts
Posted on 3/1/24 at 10:53 am to
Except it isn’t at all, because the carriers have to have reserves that are constantly monitored, the government has guarantee programs if insolvency occurs, and they must buy reinsurance as well.
Posted by jorconalx
alexandria
Member since Aug 2011
8631 posts
Posted on 3/1/24 at 11:14 am to
Here we go again lol
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