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samncheese · 10-27-2008, 06:02 PM

Insurance companies take the monies from the customers and invest it in the markets. AIG is an insurance company... The insurance companies in America have run out of money a couple of times in the last year and have covered it up. Your the costomer base is the only thing that has held them together. If Everyone stopped paying thier mortgage and insurance for two months there would be no use for money, the whole thing would stop.

10-27-2008, 06:02 PM	#11
samncheese Avalon Senior Member Join Date: Oct 2008 Location: Puyallup, Washington state Posts: 138	Re: What do you all feel about Insurance? Insurance companies take the monies from the customers and invest it in the markets. AIG is an insurance company... The insurance companies in America have run out of money a couple of times in the last year and have covered it up. Your the costomer base is the only thing that has held them together. If Everyone stopped paying thier mortgage and insurance for two months there would be no use for money, the whole thing would stop.