And This is What You Get When Regulation and the Political Process Run Wild
Posted in Uncategorized on Feb 14th, 2007
State Farm is announcing that they are pulling out of the commercial and home-owner insurance markets in Mississippi. Why? They are getting sued and regulated to death. The money quote: “State Farm, the largest homeowners insurer in Mississippi with more than 30 percent of the market, agreed to settle hundreds of lawsuits by policyholders and […]