On 26 May 2012 15:36:00 GMT, ktos wrote:



Those companies are crazy to offer earthquake insurance at all.

Why is that? It's a lot of premium money. If an insurance company
goes bankrupt, the operators can just move on to start another
insurance company, or go to work for one that didn't go bankrupt.
Maybe the taxpayer bails them out, like with AIG.
Insurance companies aren't dopes. They have the odds figured out
pretty well.

--
Vic