They have already written in bail out conditions into the law, they won’t lose a dime on this.
Hmmm....
Haven’t seen that.
The gubmint indemnified them?
My understanding is that those insurance companies that make “excess” profits will pay into a pool. Those insurance companies that lose money will draw from the pool. I suspect the taxpayers will bailout the insurance companies if no insurance companies make “excess” profits. The “excess” profits start at 103% of previous profits.
My recollection was that they will be reimbursed by the government for any losses over 3%.