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by goerz 2545 days ago
Insurance companies are insured against big payouts (reinsurance). As long as it’s not the literal apocalypse, they will pay.
1 comments

LA getting "the big one" would be a hell of a local apocalypse, at least.
In "A Tale of 5 Crashes" the gold requirements from fire insurance in San Francisco in 1906 caused the increasing of rates in England