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California

Auggie

(31,957 posts)

5. Thanks for sharing this ...

Reply to cojoel (Reply #4)

Wed Jan 3, 2024, 04:19 PM

Jan 2024

but there's still potential profit to be earned here (in addition to hedging risk).

From the link: When the company makes an operating profit for the year, the company can add cash to the reserve fund, or it can distribute a dividend to policy owners.

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Highlight:

California's largest home insurer to hike rates this year [View all] Auggie Jan 2024 OP

Reccing for importance and to give myself something to do while screaming expletives in my mind. quaint Jan 2024 #1

I guess laughing at Floridians looks silly now. jimfields33 Jan 2024 #2

Insurance companies are the devil. BComplex Jan 2024 #3

regarding shareholder dividends... cojoel Jan 2024 #4

Thanks for sharing this ... Auggie Jan 2024 #5

Never let a good crisis go to waste. Like Covid and car dealers/manufactures raising costs mitch96 Jan 2024 #6