Climate Change

[goillini52]

Here is a pretty cool interactive map of the earth over millions of years. You can easily see now why they have found fossils of whales and other sea creatures in the mountains.

Ancient Earth

Conspiracy theory..........................

 

[Kenneth82]

Claims come with the business, whether it be commercial or personal lines. What would a 'suspected increase in claims' have anything to do with you getting into this business? If anything, it is a positive for Agents.

I just read today that hurricane Dorian + California wildfires will cause a 15% increase in reinsurance rates for all, surely to be passed down to the policyholders. Commercial Auto market is in terrible shape and some Carriers are expected to increase rates 20% next year. What this means for me is more commissions. Bring it!

On the flip side, rates for auto insurance in the future may be a fraction of what they are today due to driverless cars and collision avoidance. Some carriers predict 80% less. Granted this is 20 years away, but still, who wants to have a large personal auto book to see it get eaten away by lower premiums. Let alone, auto insurance it is a terrible market to compete in today.

If you should endeavor this is up to you, not the climate.

Good Luck!

Thank you for your insight!! I think I am going to take it on!