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

From: Bruce Aaron Hefner (gt9742a@prism.gatech.edu)
Date: Sun Dec 07 1997 - 15:40:08 EST


>
>
> 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....
>
>

Might just do that, when I get money to invest, which will be a few more
years.... You're probably right, a good bit of the money goes to their
lawyers when they fight people with legitimate claims and then lose their
fight, and have to pay anyway....

Bruce



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