re: Louisiana Legislature repeals law blocking homeowner’s insurance cancellations

quote:

---

Insurance companies are evil

---

put your own capital at risk and start your own insurance company then. It's not that easy or else capital would be flowing to these companies in order to get in on the profits lol

Housing prices and resulting claims losses rose faster than any actuary was able to predict. They are screwed for the next few years until premiums can get close to where they need to be.

You can also build without a mortgage and tell the industry to F off. Just build at a higher elevations and out of stone/concrete you should be fine.