And … company companies.
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JoShmoe@ani.social 1 month agoAnd insurance companies
Thedogdrinkscoffee@lemmy.ca 1 month ago
AbouBenAdhem@lemmy.world 1 month ago
Like holding companies?
tdawg@lemmy.world 1 month ago
Idk if my hands are that big
teft@piefed.social 1 month ago
Insurance companies, yes. But we should replace them with some sort of social safety net so people quit being fucked over by random chance. Risk management spread out over a large population is a good thing.
dan1101@lemmy.world 1 month ago
Some sort of risk management and investment pool that you could draw from when legimately needed. Establishing the legitimacy is one of the hard parts.
porksnort@slrpnk.net 1 month ago
There used to be a thing called ‘mutual insurance’ as in ‘Mutual of Omaha’. (They did a nature show called Wild Kingdom back in the before-time)
It’s basically an insurance run like a co-op, not as an arm of some other money-laundering corporate giant.
Some mutual insurances would balance their books periodically and refund a portion of premiums if the claims paid was less than what premiums brought in.