Re: AltInst: Legislation insurance

From: George L. O'Brien <>
Date: Thu Apr 23 1998 - 13:05:50 PDT

At 03:30 PM 4/21/98 -0700, you wrote:
>Why isn't there legislation insurance, to help business hedge against
>changes in legislation?
>-xx- Damien X-)
>[To drop AltInst, tell: to: unsubscribe altinst]
There is probably some legislation preventing it. :-)

Seriously, insurance companies can only insure against statistical risks
(fires, burglaries, etc.) where history matters. In the case of
legislation, history only tells you that there is no way to predict
specific legislation. All you can predict is that there will be more of it.

George L. O'Brien

[To drop AltInst, tell: to: unsubscribe altinst]
Received on Thu Apr 23 15:11:11 1998

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