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Jan 8, 2025
10:24
:19
pm
novacoug1
All-American
Insurance losses have caused financial crises several times before
1903 in California the earthquake caused one. London insurers paid out to CA, the BOE jacked up rates to get their reserves back up and it lead to a US recession
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novacoug1
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novacoug1
Joined
Jan 31, 2012
Last login
Jan 9, 2025
Total posts
10,992 (31 FO)
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Messages
Author
Time
Biggest insured losses in 2025 dollars
OU Cougar
Jan 8, 10:01pm
I don't see how they got to $78B if the estimates are 1k structures down.
HarlemCoug
Jan 8, 10:08pm
'Insured losses'? Word is that many were not insured.
John Doe
Jan 8, 10:14pm
Insurance losses have caused financial crises several times before
novacoug1
Jan 8, 10:24pm
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