Comment on CA insurance crisis: Thousands to lose coverage as two more insurers withdrawparentComments−woleium2yif only there was some way to ensure that the insurance companies pay, perhaps some kind of insurance insurance /s−cookingrobot2yThat’s called reinsurance, and insurance companies buy that to cover them when disasters are more than they can afford.
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if only there was some way to ensure that the insurance companies pay, perhaps some kind of insurance insurance /s
That’s called reinsurance, and insurance companies buy that to cover them when disasters are more than they can afford.