Joseph Kenny asked: Insurance policies work by taking premiums from customers in exchange for baring the risk of certain costly events occurring. For example, if there is one fire in your town each month, everyone could just sit tight and hope their house doesn’t burn down next, or everyone could pitch in and pay an insurance premium each month and this is then used to rebuild the house that burns down. Very simply this is how insurance works.

Have you heard of effective periods on your health insurance? Is this matter not clear to you

I’m speaking today and tomorrow at the PLRB conference in Seattle, so blogging will be limited for the next couple days.

Some of the most expensive neighborhoods, 2008 , suddenly got discounted with the housing crash. Discounts as much as 50% weren’t unheard of, with an added bonus of a Federal Stimulus package that promised a tax credit for buying before April 2010. It was a sweet deal and tons of people took the government up on their offer.

For those who remember the heady Katrina litigation days of the Ride of the Rigsbys –