Re: I want to be oracle master.

15 Nov 2002 17:50:25 -0800, Joel Garry said (and I quote):

> It's only temporary. Even Lloyds is having problems, as 'mericans
> discover they've been had, by being given unlimited liability as
> "names." All American insurance companies are having severe problems
> because of the psychotic nature of American liability law and an
> increase in payouts which may or may not be temporary. So we have
> insurance companies rapidly raising rates and tightening underwriting
> restrictions, to the point it is interfering with business (for
> example, people have trouble buying houses because they can't get
> insurance because insurance companies have to cover their increased
> payouts and liability, so there is a multiplier effect through the
> economy...).

Hehehe! About time you folks got some of the heat. We've been in insurance meltdown (and the slowdown that comes with it) since early 2000...

-- 
Cheers
Nuno Souto
nsouto_at_optusnet.com.au.nospam