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</o:shapelayout></xml><![endif]--></head><body lang=EN-US link="#0563C1" vlink="#954F72" style='word-wrap:break-word'><div class=WordSection1><p class=MsoNormal><o:p> </o:p></p><div><div style='border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in 0in 0in'><p class=MsoNormal><b>From:</b> spike@rainier66.com <spike@rainier66.com> <br><b>Subject:</b> tornados and google maps<o:p></o:p></p></div></div><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>>…Tornados touch down and wreck stuff in random locations, but fortunately they don’t really cover a lot of area like a hurricane. We only hear of it when it happens where there are news agencies… then a fourth time where I came down near enough to a barn to take out that structure, but nothing else, insurance guy out the next day, a month later, new barn, like nothing ever happened. spike <o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>Then it occurred to me… why it is that insurance companies make such good money: they sell insurance to people based on perceived risk rather than actual risk. I played six more rounds of the Google Maps tornado game, and of the ten total, only two landed anywhere near structures, and two others might have cost the insurance guy something, but not all that much.<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>There are tornados in the USA south this week, big exciting news. It sells clicks like nobody’s business, gets the proles to buy underground storm cellars and insurance and such. But if you look at the insurance company’s balance sheet, tornados are a gift, a huge gift. Those are perceived as a great risk to life and property, but they really aren’t. Insurance companies sell the perception of risk, whereas they know the reality of the risk, because they hafta pay for it. Great profit.<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>After doing the Google tornado game, I am convinced proles should not buy storm insurance. Damn there hasta be a way to cash in on that insight,<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>spike<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p></div></body></html>