CubitOom comments on Why insurers worry the world could soon become uninsurable

Climate

9,076 readers

1,882 active

0 users here now

Discussion of climate, how it is changing, activism around that, the politics, and the energy systems change we need in order to stabilize things.

As a starting point, the burning of fossil fuels, and to a lesser extent deforestation and release of methane are responsible for the warming in recent decades: Graph of temperature as observed with significant warming, and simulated without added greenhouse gases and other anthropogentic changes, which shows no significant warming

Anti-science, inactivism, and unsupported conspiracy theories are not ok here.

founded 3 years ago

moderators

[–] CubitOom@infosec.pub 15 points 1 year ago (2 children)

Hmm, seems like profits actually increased

https://m.macrotrends.net/stocks/charts/ALL/allstate/gross-profit

Allstate gross profit for the twelve months ending June 30, 2025 was $24.546B, a 23.67% increase year-over-year.
https://m.macrotrends.net/stocks/charts/PGR/progressive/gross-profit

Progressive gross profit for the twelve months ending June 30, 2025 was $9.737B, a 3.56% increase year-over-year.
https://m.macrotrends.net/stocks/charts/TRV/travelers/gross-profit

Travelers gross profit for the twelve months ending June 30, 2025 was $20.013B, a 17.62% increase year-over-year.

parent

[–] womjunru@lemmy.cafe 6 points 1 year ago

They just charge more. I remember the days when being a good driver would LOWER your insurance

parent

[–] Auli@lemmy.ca 3 points 1 year ago

They just deny all the claims. Pat for insurance and never get a buy out.

parent