Comment on [deleted]

• teft@piefed.social ⁨3⁩ ⁨weeks⁩ 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.

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  • dan1101@lemmy.world ⁨3⁩ ⁨weeks⁩ 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.

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  • porksnort@slrpnk.net ⁨2⁩ ⁨weeks⁩ 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.

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• Thedogdrinkscoffee@lemmy.ca ⁨3⁩ ⁨weeks⁩ ago

  And … company companies.

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  • AbouBenAdhem@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

    Like holding companies?

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    • tdawg@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

      Idk if my hands are that big

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