It was suddenly discovered that insurance costs were becoming a major burden on businesses. They are also a major burden on householders. I have not seen any sign of a huge increase in the number of houses being burned down, burgled or flooded. Until recently, the incidence of burglary was decreasing for many years although I gather it has increased lately. While most factors were stable and a decrease was occurring in the incidence of others, domestic premiums went up. My own premium increased again this year despite the fact that I have not made a claim on it in years. The reason is not just the inflated cost of building, it is simply that insurance companies feel they can constantly increase premiums. The most fundamental problem is that there is no longer any real competition. There is pseudo competition in that there are many insurance agencies and middle people offering insurance, but they all deal with one or two companies. That is the fundamental flaw and a major issue.