Insurance Industry Execs ‘Alarmed’ by Surge in Deaths Among Young People — But Stop Short of Blaming COVID Shots
(childrenshealthdefense.org)
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Another sector being destroyed. With wildfires, hurricanes, earthquakes, floods, clot shots……..property and life insurance have been hit hard. This is not good.
Like California, Florida home insurers are fleeing in mass.
That is why holding property for private citizens is becoming harder because you must insure if you have a mortgage.
They have thought of every way till Sunday how to pry your property away from your hands. The old way of calling in a loan has morphed into a back door way aka absurd increases in property tax and home insurance which is forcing a lot of elderly and retirees to sell.
Agree, and re-assessing home value instead of grandfathering in the next generation ( when you inherit a house) is theft plain and simple. The person inheriting the fully paid house can’t afford the property tax and has to sell and can’t stay in the fully paid for house they inherited.
I had inherited over a million dollars from a relative in the EU. I went there, and they told me that since i was not a "direct" lineage, they would tax me at the highest legal rate they could levy + i would be liable for all fees.
On this side the IRS decided that since the person died in another country and I failed to report the event, they would fine me per some obscure reporting rule. Ironic they started an audit as soon as i got the money into my account, almost like the bank immediately flagged it to the feds.
By the time all fees and levies were taken out, what was a 1.2 million dollar inheritance, was widdled down to around 50,000. The EU country took about 950,000 and the IRS took around 125,000
That is so wrong, they don’t want generational wealth built up and they think when a person dies the state should get the money. They are stealing our inheritances.
Bingo. P&C markets are very hard right now. The plan of last resort is the CA FAIR plan and I saw a couple of days ago where they are getting 1000 apps per day right now.