In article , "HeyBub" wrote:

The point is that an insurance company cannot spread their risk over a
larger base if they have to operate in only one state.

Because of this limitation, hurricane insurance is cheaper in Missouri than
in Florida and flood insurance is cheaper in New Mexico than Ohio.

That couldn't possibly have anything to do with relative risk...

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Regards,
Doug Miller (alphageek at milmac dot com)

It's time to throw all their damned tea in the harbor again.