What my 7 year old daughter says about insurance

I think it is good to have insurance in case of a hurricane or tornado, or someone robs your house.

I couldn't have said it bettery myself!

The insurance industry is doing just fine, apparently

Van Mayhall, consistently one of the most interesting bloggers on big-picture insurance issues (and, no, I'm not trying to damn with faint praise), has done it again. Over at Insurance Regulatory Law he has written this post asserting that in contradiction to public perception the insurance industry has suffered few losses in recent years.