2min chapter

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437. Many Businesses Thought They Were Insured for a Pandemic. They Weren’t.

Freakonomics Radio

CHAPTER

The Insurance Industry Is Not Going to Bankrupt

One argument against legislation like robert carroll has proposed is that it could bankrupt the insurance companies. Bunk. They're sitting on a trillion dollars. It's not going to bank the industry. The property and casualty insurance industry in the u.S had, as of two thousand eighteen total cash and investments of around one point seven trillion dollars....

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