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Message
re: Question about interstate competition amongst insurance companies...
Posted on 12/5/16 at 1:55 pm to tke857
Posted on 12/5/16 at 1:55 pm to tke857
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 on 12/5/16 at 1:59 pm to Sao
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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