Su_G<p><span class="h-card" translate="no"><a href="https://hachyderm.io/@puzzlement" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>puzzlement</span></a></span> </p><p>A very good analysis - and helpful too. Three major floods in the last 15 yrs. (Not 4 in the last 50 which misses the whole point.) What version are insurers running off in their risk models? 😐 </p><p><a href="https://aus.social/tags/ClimateDiary" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ClimateDiary</span></a> <br><a href="https://aus.social/tags/ClimateChange" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ClimateChange</span></a> <br><a href="https://aus.social/tags/ClimateCollapse" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ClimateCollapse</span></a> <br><a href="https://aus.social/tags/MajorFloods" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MajorFloods</span></a> <br><a href="https://aus.social/tags/Insurers" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Insurers</span></a><br><a href="https://aus.social/tags/Risk" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Risk</span></a></p>
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#insurers
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Also, as #Hasanabi says, expect #insurers, #banks and #realestate companies to exploit the hell out of this situation. This will probably be the biggest case of gentrification in the history of the #US.
The #USGovernment needs to figure out a way to deal with this in an amicable way, except you know #Trump is a #NewYorkLiberal who took part in the gentrification of New York, so he'll rub his grubby little hands together - as he'll only see an opportunity to exploit.
The #California FAIR plan, a private pool of #insurers covering people who cannot otherewise secure #insurance for their homes, is the last one open after #fire burnt #Palisades to the ground. It is estimated payout costs to FAIR alone will be between $6-13bn, escept FAIR only has... $385 MILLION in reserves. WTF happened to the money? Confident other companies equally fucked off with no means of paying out. Welcome to #2025 Murica! https://www.channel4.com/news/how-la-fires-and-climate-change-are-fuelling-us-insurance-crisis
How to handle these unpopular #tactics used by #healthinsurers
#Health #insurers’ tactics can adversely affect #patients’ health and their trust in the #healthcare system, which leaves patients in unthinkably difficult circumstances.
https://www.fastcompany.com/91248580/health-insurers-unpopular-tactics
Fast Company · How to handle these unpopular tactics used by health insurersHealth insurers' tactics can adversely affect patients’ health and their trust in the healthcare system, which leaves patients in unthinkably difficult circumstances.
Dive into our most recent blogs packed with actionable insights:
-> Enterprise modernization for #Insurers: https://ter.li/ghwyz2
-> Kill your core: The #Banking revolution you didn't see coming: https://ter.li/otzfss
-> Driving value with #DataGovernance through Thin Slices: https://ter.li/w8s2hu
-> Building digital platforms: Key considerations for long-term success: https://ter.li/mw3wgf
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#Warren, #Hawley join forces for #USSenate bill to force health #insurers to sell off #pharmacies, #PBMs
#healthcare #healthinsurance #insurancereform #PBM #affordablehealthcare #corporategreed
Today I learnt that old IT policies from #insurers and #Microsoft still enforce #PasswordRotation in organisations. It's like discovering that the monster under the bed is real - an age-old practice lurking in the shadows of modern IT security.
A low mileage #Mercedes #EV randomly caught #fire outside a house in #Northamptonshire #England - the family and their 4 #dogs were able to escape via the back door unharmed, but will be waiting 6 months for #insurers to approve repairs to the house (Mercedes are investigating and have provided them with a loan car in the meantime)
#Biden to Propose That #Insurers Cover Over-the-Counter #BirthControl by NYT’s Sheryl Gay Stolberg: “The rules would include emergency #contraception, a newly approved nonprescription birth control pill, #spermicides and #condoms and would affect 52 million America #healthcare #reproductiverights #WomensHealthcare #civilliberties https://www.nytimes.com/2024/10/21/us/politics/biden-harris-birth-control-rules.html
The New York Times · Biden to Propose That Insurers Cover Over-the-Counter Birth Control
#Storms be damned, #Florida keeps building in #flood zones. The state constructed 77,000 new properties in high-risk areas since 2019, the most in the nation, according to an analysis by #climatemodeling done by First Street Foundation for the WSJ. The building binge is putting the real-estate industry, and the #banks that #finance it, on a collision course with #insurers. #hurricanes #flooding #housing #climatecrisis #environment #GOP #MAGA #disaster #realestate https://www.msn.com/en-us/money/realestate/storms-be-damned-florida-keeps-building-in-high-risk-areas/ar-AA1smsIo
www.msn.comMSN
Why #insurers could charge more after #Helene, #Milton
https://www.eenews.net/articles/why-insurers-could-charge-more-after-helene-milton/
#Insurance companies buy #coverage to protect themselves against #financial losses. #Highercosts for those #corporate policies could hit #homeowners.
E&E News by POLITICO · Why insurers could charge more after Helene, MiltonInsurance companies buy coverage to protect themselves against financial losses. Higher costs for those corporate policies could hit homeowners.
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#Judges set to hear #arguments in #ConvictedFelon #DonaldTrump’s appeal of his #civil #fraud #verdict
Trump is asking the #appealscourt to #reverse #Judge #ArthurEngoron’s #ruling in February that he #lied about his #wealth on #paperwork given to #banks, #insurers and others to make #deals and secure #loans. The #verdict cut to the core of Trump’s #wealthy, #businessman #persona.
AP News · Appeals court seems open to altering Trump's 'troubling' civil fraud penalty
Continued thread
The only thing #Trump said that made more impact were the 4 words he posted Sunday morning: I HATE TAYLOR SWIFT!
Adding to the self-harm, #JDVance indicated that the Trump #healthcare plan [#concept] would allow #insurers to resume DENYING coverage for #PreexistingConditions. Trump himself proclaimed that he would address high #food prices by barring food imports—a policy guaranteed to RAISE #costs instead.
#Texas sued the #Biden admin in an effort to block a new rule that seeks to protect the #privacy of #women living in states that #BanAbortion who travel out of state for the procedure.
In a lawsuit filed on Wed in TX, the state asked a federal judge to strike down the rule, which prohibits #healthcare providers & #insurers from giving state #law enforcement authorities info about #ReproductiveHealthcare that is #legal where it was provided.
#ReproductiveRights #HIPAA
https://www.reuters.com/legal/texas-sues-block-biden-rule-protecting-privacy-women-who-get-abortions-2024-09-05/
The complete #Enshitification of the very last of the very last of service oriented #Corporations both big and small has finally and utterly reached the last holdouts. Our #Providers and #Carriers are all uniformly crap. Our #FinancialInstitutions are all uniformly crap.Our #Insurers are all uniformly crap. The best you can hope for is an all out #NuclearWar that kills them all. The irony is that people have actually voted for worse things !
