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  1. Embed this notice
    David Mitchell :CApride: (davidm_yeg@mstdn.ca)'s status on Sunday, 03-Mar-2024 01:35:39 JST David Mitchell :CApride: David Mitchell :CApride:
    in reply to
    • Peter du Toit

    @peterdutoit

    “American National Group, plans to cease its homeowners insurance business in nine states, a move precipitated by declining profitability in those markets”

    This is why for-profit insurance is such a crock… they will mine you for profit and as soon as you stop being profitable, they will take your premiums and run leaving you unprotected and offloading the cost onto society as a whole.

    End private insurance.

    In conversation about a year ago from mstdn.ca permalink
    • Embed this notice
      Peter du Toit (peterdutoit@mastodon.green)'s status on Sunday, 03-Mar-2024 01:35:41 JST Peter du Toit Peter du Toit

      Insurance Industry — the canary in the coal mine (excuse the pun)

      "Map Shows 9 States Where Homeowners Are Losing Their Insurance" https://www.newsweek.com/map-shows-9-states-where-homeowners-are-losing-their-insurance-1875252

      #ClimateCrisis

      In conversation about a year ago permalink

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      1. https://files.mastodon.green/media_attachments/files/112/024/908/318/224/929/original/8d2e65f84a424210.png
      2. Domain not in remote thumbnail source whitelist: d.newsweek.com
        Map shows 9 states where homeowners are losing their insurance
        American National Group said it will pull back from offering homeowners insurance policies in nine states.
      Aral Balkan repeated this.

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