as the morning comes and leaves, the days between are getting stranger and weirder. the levels of deceipt and outright misanthropic ethics are at an all time high. insurance companies defrauding the insured? but why is that sometime of surprise. they are by nature and profit designed to do so. it is their business.
who has any access whatsoever to actuarial data analysis? who could do the basic research in the first place to discern whether or not the actual data exists by which the insurance groups determine their profitability versus their payout. obviously they cannot accurately account for Acts of God, like hurricanes and tornadoes outnumbering any other year in history. unless.. yes unless they know, which would mean they understand the modelling probabilities of global warming phenomena. and when it comes to auto coverage, the basic factors are still not free from intense variability. those amazing studies they did at UC Berzerkely showed that humans driving cars is accomplished through a series of assumptions that are not in any possible way rational or statistically predicable. yet we drive and the insureres determine the level and degree of risk that they must assume in order to continue to make profit. who gets to challenge them?
we spend nearly a trillion dollars a year as a nation, at every level on insurance.. it has to be profitable, or else there would no longer be those who invest in risk, a form of gambling that is no different than lottos or the numbers rackets... it is an industry that uses its $$ to fight regulation and to eliminate more and more risk. now we find out that they have been "cheating" at it.. well duh...
You have discovered arachnoanarchy
otter clan omarian otter oasis
