.@katemasters67 @JuliaHCox It provides means for insurance companies to be more profitable, at the expense of everyone else - us. Why share?
@Cleverestcookie @katemasters67 @JuliaHCox But that's for them to judge, based on claims. Just a 2 player game. Insurance vs public. We lose
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@C7RKY@katemasters67@JuliaHCox the industry is regulated. I'd rather have my premium based on an accurate risk assessment. -
@Cleverestcookie@katemasters67@JuliaHCox I worked in that industry for 25yrs, at a senior level. I promise you, you're worse off for this. -
@C7RKY@katemasters67@JuliaHCox won't bother with insurance then if no advantage. -
@Cleverestcookie@katemasters67@JuliaHCox I didn't say there was no advantage. I'm a believer in the concept. But only if the game is fair. -
@C7RKY@katemasters67@JuliaHCox but that's where the regulation should act. Effective regulation is paramount in all areas of life so >>> -
@Cleverestcookie@katemasters67@JuliaHCox This is financial services regulation we're talking about here Cathy. Banking crisis? -
@Cleverestcookie@katemasters67@JuliaHCox You're talking to the only morally upright person I know of, in 25yrs of working in the industry.
End of conversation
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