Insurance companies too. It’s always amazing to me that so many Insurance companies just pull out of a state and/or cancel or “not renew” their policies in an entire state. IE: homeowners insurance in Florida, and the Carolina’s and Auto Insurance in Mass & New Jersey. When refusing to sell your product to people is more profitable than actually selling it, it does seem that something needs fixing.
The interesting part to me is:
“If I can’t sell this product in the current enviroment at a price that generate a profit and I have the financial capital to hold on to it why would you not.”
DO THEY HAVE the financial capital to hold on to it? That, my dear Watson, is the question.
