🦊 OneRedFox 🦊@beehaw.orgM to Socialism@beehaw.orgEnglish · 1 year agoHome Insurers Are Exploiting the Climate Crisis to Gut Consumer Protectionsjacobin.comexternal-linkmessage-square5fedilinkarrow-up129arrow-down10
arrow-up129arrow-down1external-linkHome Insurers Are Exploiting the Climate Crisis to Gut Consumer Protectionsjacobin.com🦊 OneRedFox 🦊@beehaw.orgM to Socialism@beehaw.orgEnglish · 1 year agomessage-square5fedilink
minus-squareRentlar@beehaw.orglinkfedilinkEnglisharrow-up4·1 year agoMutual insurance is closer to this setup. Policy holders are the main shareholders of the company. Issue is that most policy holders won’t be able to insure each other in Florida if most habitable areas of Florida will be underwater by 2050.
Mutual insurance is closer to this setup. Policy holders are the main shareholders of the company. Issue is that most policy holders won’t be able to insure each other in Florida if most habitable areas of Florida will be underwater by 2050.