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Hillary Clinton at COP28 climate talks calls for insurance reform
reuters ^ | 12.03.2023 | Elizabeth Piper and Valerie Volcovici

Posted on 12/04/2023 9:27:11 AM PST by ChicagoConservative27

DUBAI, Dec 3 (Reuters) - Former U.S. Secretary of State Hillary Clinton called on Sunday for reform of the insurance sector, where companies are increasingly withdrawing assistance against climate shocks.

Lower-income countries and workers in nations most affected by climate change are struggling to access insurance to help protect them from economic shocks.

"We need to rethink the insurance industry," Clinton said during a panel on women and climate resiliency. "Insurance companies are pulling out of so many places. They're not insuring homes. They're not insuring businesses."

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Culture/Society; Foreign Affairs; Government
KEYWORDS: climate; clinton; cop28; hillary; insurance; insurancereform
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To: ChicagoConservative27

The truth is that insurance is a legal form of gambling that something bad will happen to one’s property. Some kinds of mutual insurance minimize administrative fees, but since most insurance companies operate for profit, they act as legal bookies. They expect to make a profit. If they don’t expect to make a profit, they don’t write policies.


21 posted on 12/04/2023 10:20:38 AM PST by Dr. Franklin ("A republic, if you can keep it." )
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To: ChicagoConservative27

this communist is never gonna let go of shuddacudda hillarycare!


22 posted on 12/04/2023 10:28:57 AM PST by Terry L Smith
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To: Freedumb

Term life, of course.


23 posted on 12/04/2023 10:58:25 AM PST by bobcat62
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To: ChicagoConservative27

How big was the under the table Cash payment, Hillary ?


24 posted on 12/04/2023 11:08:27 AM PST by butlerweave
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