Debunking Economics - the podcast cover image

Insurance, the canary for climate change

Debunking Economics - the podcast

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The Challenges of Car Insurance Adjustment

This chapter recounts a personal struggle with car insurance adjustments in response to reduced mileage, emphasizing the complexities and frustrations of engaging with insurance companies. It highlights the high costs, administrative fees, and perceived inequities within the insurance industry, while advocating for government-run systems over private insurers. Additionally, the discussion touches on broader implications of the insurance market's evolution, including how global warming and artificial intelligence are reshaping risk assessment and policy costs.

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