What with all the risks involved, a friend of mine told me that he just can’t afford car insurance in New York. Another colleague told me car insurance in California might go up 150% next year.
What seems to be the reason behind this ?
Well, I got the scoop.
Till now, insurance companies were making up for the losses by gaining from the other states.
What seems to be the reason behind this ?
Well, I got the scoop.
Till now, insurance companies were making up for the losses by gaining from the other states.
But, it seems like there is going to be an extremely complicated new legislation to be passed in Congress which is going to put a cap on these insurance companies’ asset translocations.
