11-11-2010, 04:56 AM
not to worry - I am sure the insurance co's have the reserves in place to cover both types losses
- just like A.I.G. had the mortgage pools "covered" in case of melt down. Backed with federal approval,certification and oversight - not
In the case of individual homowners - they can indemnify themselves
In the case of geothermal breach - who has the reserves to indemnify those potential losses?
- just like A.I.G. had the mortgage pools "covered" in case of melt down. Backed with federal approval,certification and oversight - not
In the case of individual homowners - they can indemnify themselves
In the case of geothermal breach - who has the reserves to indemnify those potential losses?