Lets hope that doesn't start to happen here or there will be masses of
people who cannot afford insurance for their house, car, etc.

I think it's rather offensive for a company to say I'd have to pay a higher
premium because I might have missed a mortage payment now and then, or had a
credit card account go over the limit and unpaid for a period of time.

Why charge more for insurance in those cases when it doubles the problem for
the person wanting to take out the insurance! But it's all based on risk
modelling, and I expect (to divert from Saab issues for a moment) that it's
mainly due to the way BASEL-II is changing the way financial companies do
their risk analysis.

In the end it'll hurt the economy because it'll make people stop using cars
and that means reduced government revenues, reduced income for oil
companies, reduced sales of new cars, more mechanics closing down, etc.
And it will ensure that the wedge between people with limitless funds and
those who have very little will get bigger and the wealth concentration will
grow.

Regards,

Craig.