Increasing Wealth In China Fuels Demand For Insurance, Insurance Litigation

I made the point a few days ago that insurance is a commercial product, the demand for which rises with people’s incomes.  Here’s more proof of that from the Shanghai Daily, written with the breathless tones of a story in the Weekly World News, where, incidentally, I once read a story that revealed Abe Lincoln was a witch.  I guess his stovepipe hat should have had a point on it.