Tuesday, January 09, 2007


From today's Hattiesburg American:

"[Gene]Taylor wants a national all-perils insurance policy, federal oversight of the property insurance industry and repeal of its exemption from antitrust laws, which he said allowed the companies to consult each other when determining how they would handle Katrina claims."

I've always thought Taylor was good dude but acted too much like a Republican to call himself a Democrat. But this is some gutsy, populist stuff. Good for him--and us! It's about time the insurance industry was investigated.

I remember our State Farm insurance adjuster telling me that "you're not supposed to profit off of insurance," to which I added in my mind "yeah, but you sure do."

This is why Democratic control of Congress is a good thing. If you doubt that, ask yourself why Trent Lott didn't do this already when he was in the majority. Oh that's right, because insurance companies have been among Lott's biggest contributors. Taylor has taken money from insurance companies, but not as much.

Just sayin'...

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