Comment on Why is it apparently cool and fine for insurance companies to spend countless billions, trillions of our money constantly buying ad time?

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dustyData@lemmy.world ⁨7⁩ ⁨months⁩ ago

I know, but that’s what literally it is. It’s even the historical origin of insurance as a concept. If you win, they have to pay your liabilities, if insurance wins, that means there hasn’t been any major accident or harm done. Either way, for the government, it’s a win-win. Either all it’s fine, or someone is ready to pay up the costs. The problem is, of course, scummy insurers who refuse to pony up their end of the bargain because they blew the money on ads, cocaine and hookers.

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