Growing Market of Last Resort

The Ferguson riots and resulting damage are a sad reminder of the race riots in the 1960s.  Once the rioting and destruction subsides, the difficult process of rebuilding begins.  Following the riots in the 1960s, property owners in urban regions had trouble obtaining financing to rebuild due to the lack of insurance.  Insurance companies were […]

The Public Option for Property Insurance?

The Public Option is Here for Property Insurance   When someone knowingly sells property insurance, but has no financial backing to pay insurance claims, it is fraud.  But when state insurance commissioners, like those in Florida and most recently in Texas, encourage insolvent insurance operations, it is just politics, and taxpayers and consumers are left to pay the difference.    […]