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<p>[QUOTE=&quot;Conder101, post: 1666673, member: 66&quot;]Their decision makes sense.&nbsp; Their fees do three things, pay the ongoing expenses, provide a profit, and create a self insurance fund to pay off claims.&nbsp; Now have estimates for the claim rates they are going to have and those figures allow them to set the fees.&nbsp; But they have a problem.&nbsp; The milk spotting is causing a much higher claim rate than expected, and it is disproportionately highest on those coins that cost them the most in damages.&nbsp; The insurance fund can&#039;t keep up.&nbsp; This leaves them with two possibilities, either discontinue coverage against milkspotting, or boost the fees up high enough to protect themselves from those extremely high losses when the 70&#039;s spot.&nbsp; Since boosting the fees that high would greatly reduce submissions the funds for expenses and profit margin would decline requiring a further increase in rates. (And eventually like taxes you get to a point where raising rates results in a decline in revenues instead of an increase.)&nbsp; So it just made more economic sense to withdraw the coverage against milkspotting.[/QUOTE]</p><p><br /></p>

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