Perhaps the most interesting part of the article:

  • @OceanSoap@lemmy.ml
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    211 day ago

    I’m sorry, are we just skipping over the regulations that caused these companies to pull out? Most of these homes would still be covered. They’d be paying a higher price, but they’d be covered.

    When you put a legal cap on costs, the company will pull out.

    • @derf82@lemmy.world
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      111 hours ago

      Turns out when you say you cannot charge more than x for a service that costs y to provide, and y>x, no one can sell the service.

      Insurance companies fucking suck, but too many think their profits are the ONLY reason there is a problem.

      • @TargaryenTKE@lemmy.world
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        611 hours ago

        Maybe we should have rules in place that provide more protection for actual human beings instead of prioritizing profit margins or pretending that “Basic Economics” is a universal law rather than a guideline of how people interact with each other. Sorry, I’m not mad at you, just the system we live in

        • @OceanSoap@lemmy.ml
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          110 hours ago

          We, did, they were pushed to the side. Those rules and protections were building more reservoirs, keeping those and the current ones full of water, continuous upkeep on fire hydrants, rehiring firefighters who were fired for not taking the vax, regular controlled burns, clearing out the undergrowth, not dumping water into the ocean after rainfall… So, so many that were completely abandoned.

          You seem to think the prices for fire protection came out of nowhere, but they don’t. As these precautions were abandoned one by one, fire insurance went up, because the likelihood of a fire grew exponentially. When government put a cap on price, that effectively made it clear that the company would go bankrupt, completely, because they knew a fire was going to happen eventually.

          We should be mad that those very protections put in place to help people were taken away by the government, not the companies.

          • @TargaryenTKE@lemmy.world
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            28 hours ago

            Por que no los dos? The government is NOT faultless in this, but how often are those regulations removed because a company lobbyist bribed them hinted very strongly that they would like that?