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re: Question about interstate competition amongst insurance companies...

Posted on 12/5/16 at 1:55 pm to
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
66012 posts
Posted on 12/5/16 at 1:55 pm to
quote:

I do think the bigger insurers would collude to a certain extent


Or better put, acquisition. Swallowing smaller private carriers and folding them into their own population... Cycle continues.
Posted by roadGator
Member since Feb 2009
141092 posts
Posted on 12/5/16 at 1:59 pm to
quote:

Swallowing smaller private carriers and folding them into their own population... Cycle continues.


This would most certainly happen.

Small company A would grow their business so that large company B would purchase them. Small company A execs make bank.

Rinse, repeat. Nothing wrong with it but it would happen over and over and over. I'd try to get involved at the stock holder level of a for profit if this ever became a thing again. I've always worked for not-for profits.
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