Posted 7/29/2012 00:54 (#2511103 - in reply to #2511101) Subject: Re: insurance payments
The gov re insures after a certain level. If you look into it a little deeper its a real racket for the insurance companies. The amount of profit they can maket goes down, but they can never really lose money. It was even better before 2008, but they choped a little fat off it then.