Tag: Insurance
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Sharing the Insurance Risk or Ensuring Profits for the Insurance Industry?
As a former Director of Emergency Services, and someone who has seen a great deal of nature’s wrath, I do not understand the rationale of insurance companies. It appears to me that the reason for expecting those who have chosen to live in areas where risk is minimized, being charged increased rates to cover those…
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Stop Insuring Lunacy
Building Homes or Businesses in High-Risk, High-Probability, High-Frequency Areas is Stupid Today I listened to a Spotify for Creators podcast related to public insurance, based on an article by Enrique Dans. The discussion revolved around the problems that homeowners today face with respect to risk and climate change. While I agree whole heartedly with Dans…
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Climate Change Disaster and Insurance
Homeowner Irrationality is Equally to Blame Today, climate change is in evidence around the globe, and except for those unscientific or irrational enough to ignore its ramifications, buying or building a home within what is known as a high-risk area due to either flood, storm surge, wildfire, hurricanes or tornadoes without taking protection seriously, is…
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Motorcycle Insurance. Getting Ripped Off To Ride.
Insurance costs are exhorbitant in Manitoba. Why?