Read this story: Insurance companies promote BLM. BLM riots drive up insurance premiums. Businesses and family wealth get destroyed. Insurance companies get rich. Identity politics makes the multiracial working class poor and the ruling class rich.https://freebeacon.com/coronavirus/insurance-companies-reaping-benefits-from-protests-get-in-line-with-black-lives-matter/ …
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Of course
End of conversation
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I genuinely don't know what any of this comment is supposed to mean beyond the first two words.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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the idea apparently is that they can make up the losses by raising everybody's rates idk how true that is but it does sound plausible
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it isn’t true. they can offset losses this way, but not enough to turn much of a profit. if they spiked rates enough to increase profits substantially, they would price themselves out of the market unless all their competitors did the same, which they won’t.
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