• jubilationtcornpone@sh.itjust.works
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    6 days ago

    Insurance Companies: “Climate related disasters are acts of God.”

    Also Insurance Companies: “Welp, time for us to GTFO of places where ‘acts of God’ seem to be occuring with increasing frequency.”

  • batmaniam@lemmy.world
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    6 days ago

    Insurance companies jacking up premiums and/or pulling out of areas is like the only proper feedback loop for adapting to climate change left. Not saying I’m happy about it. I would not be totally shocked if health insurance starts having carve outs for heat related illnesses and their complications. Typing it out, I guess what’s more likely is raising premiums in areas with hospitals that serve a patient base in a high risk area.

    It’s not even evil, it’s just math, so long as this is the way we want healthcare to “work”.

  • DragonsInARoom@lemmy.world
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    6 days ago

    Damn they might be insuring large companies that are causing climate change, that might just seemingly possibly affect their business.

  • _bcron_@lemmy.world
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    6 days ago

    They probably wish they could pin it on an entity and recover losses through subrogation rather than just taking the hit. By ‘taking the hit’ I mean all us taking the hit, but they’d probably like being able to shake money out of judgments and raise our rates at the same time