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re: WSJ: "Insurers Rake In Profits as Customers Pay Soaring Premiums"
Posted on 1/25/24 at 11:18 am to ExtraGravy
Posted on 1/25/24 at 11:18 am to ExtraGravy
They have to remake those profits they lost after the active hurricane year in 21.
It’s about profit. Most of these companies are backed by hedge funds who invest your premiums to make money and don’t get liquidated unless certain near unreachable criteria are met
It’s about profit. Most of these companies are backed by hedge funds who invest your premiums to make money and don’t get liquidated unless certain near unreachable criteria are met
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