Want to see a real head scratcher?

Insurers Saw Record Gains in Year of Catastrophic Loss

For a while I was actually concerned that some of the insurance companies may have to file for bankruptcy after so many properties were devastated by Katrina. Well, big surprise; they not only were able to make it through the year but they were actually able to continue making profits or better yet, record gains. 'How?' you may ask: Well, by insuring themselves of course. So the reasons you may be paying such a high premium on your insurance is because you're not only paying for your insurance but you also paying for their insurance. Can't we just go straight to their insurer and skip the expensive middle guy?