Tough noogie Its the business you're in
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Sorry, no sympathy for them.
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It's sad when insurance has to be used but it's what people pay for over many years. It is not for th to become wealthy
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they bet against us all the time. Once in a while even the dealer eats a great hand!
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Losses of what? Expected profits?
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Just take a quick look at their execs pay (not including bonuses) and cry. me. a. river.
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Insurance companies don't fail.
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And what are their profits 5 years running ??
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Unfortunately, there is a mixed impact....Insurance premiums will rise in normally non-impacted weather areas like southwest Virginia
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So. They have been making BILLIONS off people for decades. They can take a loss
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AIG $3B LOSS is less than 10% of Losses Iraqi GVT incurred by the Allied invasion of 1992! Whenever goes round comes Round Slowly but surely
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So, big business must finally acknowledge that it, too, feels the impact of climate change.
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