DeltaTangoLima
@DeltaTangoLima@reddrefuge.com
Just an Aussie tech guy - home automation, ESP gadgets, networking. Also love my camping and 4WDing.
- Comment on Why is it apparently cool and fine for insurance companies to spend countless billions, trillions of our money constantly buying ad time? 11 months ago:
It’s not about being able to cover their liabilities
I’m referring to OP’s assertion that “Isn’t this our fucking money you’re meant to give out should, god forbid, something happen?”.
I don’t disagree that the insurance industry is a cottage industry, largely built on/supported by FUD, but that wasn’t the point of my reply.
- Comment on Why is it apparently cool and fine for insurance companies to spend countless billions, trillions of our money constantly buying ad time? 11 months ago:
Not sure what the issue is here, but this may be a US-centric problem…?
Here in Australia, insurance companies are required to demonstrate sufficient means to cover the risk they carry on their books. We have a government body (APRA) that regulates and routinely audits this (along with other requirements).
What the company spends on coffee, furniture or marketing has no bearing on this - those are expenses for them to manage after they satisfy the above requirements.
- Comment on I feel like I need a separate body towel (big towel), and 3 other small towels for hair, face, and hands. 4 towels in total. Is that normal? 11 months ago:
Lol. I was making a (poor) joke about it. Balls and arse crack get the most attention, don’t they?
- Comment on I feel like I need a separate body towel (big towel), and 3 other small towels for hair, face, and hands. 4 towels in total. Is that normal? 11 months ago:
Balls and arse crack last - the towel forgets by the next day.