Thread: Global Warming
View Single Post
Old 04-23-13, 10:34 AM   #63
ELGo
Helper EcoRenovator
 
Join Date: Apr 2013
Location: Albuquerque
Posts: 66
Thanks: 4
Thanked 3 Times in 3 Posts
Default

Xringer,
Boosting rates when risks remain the same is 'good' for business; in the case I am mentioning the presumption is that no boost will be enough to make the deal profitable for the insurance company.

A similar situation exists for nuclear power plants -- private insurance simply says "no thanks."
ELGo is offline   Reply With Quote