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Climate Change Raising Insurance Premiums

Business  (tags: economics, insurance, consumers, australia, ClimateChange )

- 3833 days ago -
Residents of some parts of Victoria are still mopping up after a series of brief but intense rainstorms overnight.

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Jim Phillips (3257)
Friday December 21, 2007, 7:09 pm
With the possibility of climate changes coming, insurance companies are going to increase premiums... Is this another "scam"... in using climate changes to charge more money at the expense of consumers?

Past Member (0)
Saturday December 22, 2007, 2:12 pm
They should be forced to pay out what they promise when disaster hits. Many Katrina vicims were jilted by their insurers.

Eternal Optimist (115)
Saturday December 22, 2007, 3:45 pm
Noted. Thanks Linda :)

Carolyn W (3)
Saturday December 22, 2007, 10:03 pm
Just another way that the insurance companies have unjustly figured out how to steal more money from people.

Linda Hartsfield (46)
Sunday December 23, 2007, 1:53 am
Congratulations! The Care2 Community has promoted your submission to the Care2 News Network Front Page.

Thanks everyone for helping this important issue reach the front page.

The insurance companies are out to make a buck anyway that can. Shame on them for using Climate Change as an excuse!

Ruben Mejia (4)
Sunday December 23, 2007, 5:35 pm
Guess who has one the biggest pools of money to lend out? If you own a Fortune 500 company and you need money you go the the insurance companies, they are one of THE biggest institutional lenders in the world.
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