this post was submitted on 06 Oct 2025
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A cut, sure, but the whole fuckin thing? (lemmy.dbzer0.com)
submitted 3 days ago by Stamets@lemmy.dbzer0.com to c/whitepeopletwitter@sh.itjust.works
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[–] jqubed@lemmy.world 125 points 3 days ago (2 children)

I used to be with a mutual insurance, which was still actually a mutual insurance, meaning the customers were also the shareholders. I got a small dividend most years out of whatever surplus existed.

[–] shplane@lemmy.world 28 points 3 days ago

Wish we could have that for fire insurance in California but the company would go belly up by the end of the month.

[–] somethingsnappy@lemmy.world 9 points 3 days ago

I first thought of starting a nonprofit insurance (all kinds) 40 years ago. It really is that obvious a market. Risk pool is always better when it's bigger. Obama care did something, but not enough.