Bob Noel wrote in
:

In article , xyzzy
wrote:

Whether you think that high liability insurance cost is due to trial
lawyers or to bad insurance company investments is usually a function
of your political orientaton, as illustrated by Jay here. He really
just wanted to take a shot at the Democratic ticket.

However, the only answer that is actually supported by factual
evidence is that liability insurance rates are mostly a function of
how insurance company investments do in the stock and bond markets,

well, given how the stock markets and bond markets performed in the
past twenty years, I would have expected to see liability rates
plummet instead of rising. hmmmm...


Insurance company's are limited where they can invest premium dollars.
They mostly have to invest in interest rate sensative investements.

Have you SEEN interest rates lately???

ET