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Several private insurance companies been in business nearly as long as the US government I believe..
by rrdharan 8y ago
Several private insurance companies been in business nearly as long as the US government I believe..
- lmm 8y agoWell in reality the insurance industry is highly regulated and ultimately backed by the promise of government bailouts. (Of course some companies from a pre-government-guarantee era are still in business, but "some" isn't enough when we're talking about your retirement savings)