Quote:
Originally Posted by Gloucester2
It has nothing to do with INsurance companies and everything to do with REinsurance companies Vermont Mutual, Quincy Mutual, Commerce, et. al would love to write the high priced homeower's coverage on the Cape . . . however they are prevented from doing so by there reinsurer.
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But they don't have to reinsure their business unless they want to. If the reinsurers won't let them write the business they want, they can get a new reinsurer or go w/o reinsurance - right?
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