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submitted 2 months ago by andrewrgross@slrpnk.net to c/memes@lemmy.ml
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[-] eldavi@lemmy.ml 7 points 2 months ago

everything they own is insured and you would be doing them a favor if they could collect on the insurance money instead of holding onto the assets.

Insurance will start dropping them fast if it really catches on. A few wouldn’t affect anything. But hundreds?

[-] eldavi@lemmy.ml 8 points 2 months ago

anytime an insurance company withdraws from an arena; they pay out to their biggest policy holders anyways and blackrock has to be the biggest.

[-] ryathal@sh.itjust.works 3 points 2 months ago

Probably not. At their level it's probably self insured, so they lose the money.

[-] eldavi@lemmy.ml 2 points 2 months ago

Someone will lose money, but it won't be blackrock

this post was submitted on 28 Feb 2025
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