Fan Nation
Forums
Forum list
Search forums
Rules & Policies
Podcast
Mobile App
Media
New media
New comments
Search media
Shop
Members
Current visitors
New profile posts
Search profile posts
Log in
Register
What's new
Search
Search
Search titles only
By:
Forum list
Search forums
Menu
Log in
Register
Install the app
Install
Forums
Horned Frog Athletics
Scott & Wes Frog Fan Forum
CBS 11: TCU student finishes first semester in ICU following paralyzing accident
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Froglaw" data-source="post: 3163361" data-attributes="member: 4921"><p>so the guy that lost the use of his arms, legs, and bowel movements won the lottery?</p><p></p><p>I thought insurance was just that. Insurance against the unforeseen future where people make mistakes and the risk of liability is shared among the policy holders!</p><p></p><p>Insurance Companies are licensed by the state they operate in to make money by analysis of risk, setting up premiums to cover that risk, receive a modest profit, and pay out legitimate claims from the money in the reserves it holds.</p><p></p><p>Insurance Companies are NOT licensed to make money by denying legitimate claims.</p><p></p><p>To use your analysis, getting a license to operate an Insurance Company is not a lottery win for its owners and is not a license to charge premiums, then just keep the money by not paying claims, and then running to the state legislature to pass laws that make it increasingly more difficult for unfortunate victims of negligence to seek and recover just compensation.</p></blockquote><p></p>
[QUOTE="Froglaw, post: 3163361, member: 4921"] so the guy that lost the use of his arms, legs, and bowel movements won the lottery? I thought insurance was just that. Insurance against the unforeseen future where people make mistakes and the risk of liability is shared among the policy holders! Insurance Companies are licensed by the state they operate in to make money by analysis of risk, setting up premiums to cover that risk, receive a modest profit, and pay out legitimate claims from the money in the reserves it holds. Insurance Companies are NOT licensed to make money by denying legitimate claims. To use your analysis, getting a license to operate an Insurance Company is not a lottery win for its owners and is not a license to charge premiums, then just keep the money by not paying claims, and then running to the state legislature to pass laws that make it increasingly more difficult for unfortunate victims of negligence to seek and recover just compensation. [/QUOTE]
Verification
Which team did TCU defeat in the College Football Playoffs?
Post reply
Forums
Horned Frog Athletics
Scott & Wes Frog Fan Forum
CBS 11: TCU student finishes first semester in ICU following paralyzing accident
Top