On Wed, 11 Nov 2009 10:19:51 +0000, Invisible wrote:

> Sure. But I also know that an insurance company's job is to not pay out
> under any circumstances whatsoever. Their entire business model is based
> on preventing customers getting the money they're due. The fact that
> insurance companies are all doing so well indicates that they must have
> got very, very good at this.

That doesn't mean that they never pay out, though.  In cases of 
catastropic events, they're required by law to pay out.

If they never paid out, then people wouldn't buy insurance.

Jim

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