Re: Insurance Profits (was: My hopes of a truck)

From: Paul Schelling and Kate Hughes (brholler@servtech.com)
Date: Sun Dec 07 1997 - 12:15:46 EST


Bruce Aaron Hefner wrote:

> I know it must make a profit, all I'm saying is you can make too much
> profit, when your making 100% or more profit (I've seen some insurance
> companies that make that much), i think your going overboard, to me that
> seems like price gouging....
>
> Bruce

If you really think your insurance company is making this much profit,
you should buy stock in the company and get your money back as
dividends. That'll learn 'em.

I don't believe that they are making that much profit, though. I
believe they are using their funds unwisely and losing it to lawyers.
Someday I'll figure out how to buy into Lawyer Profit Sharing....

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Kate Hughes
77 Zink Z10-C "Roland" (CM autocrosser)
91 Miata "Prudence" (BS autocrosser and summer fun)
93 Explorer "Gunhead" (tow vehicle)
74 Landcruiser "Red Frankenstein" (barn ornament)

(...or...)
Paul Schelling
93 Dakota Sport (everyday / autocrosser)
83 Rabbit (ice racer)
78 124 Spider (summer fun)
77 124 Spider (organ donor)
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