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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. $1,000,000,000+

$1,000,000,000+

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  • JollyJ Offline
    JollyJ Offline
    Jolly
    wrote on last edited by
    #1

    Current estimates, $1-$2 billion and growing.

    If I was an insurance company, I wouldn't touch Portland with a ten-foot pole...

    https://www.axios.com/riots-cost-property-damage-276c9bcc-a455-4067-b06a-66f9db4cea9c.html

    “Cry havoc and let slip the DOGE of war!”

    Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

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    • taiwan_girlT Offline
      taiwan_girlT Offline
      taiwan_girl
      wrote on last edited by
      #2

      I suppose like anything, they will look at the chance of it happening again, just like typhoon or earthquake.

      Increase the price or if risk is too high, as you say, Stop doing insurance.

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      • JollyJ Offline
        JollyJ Offline
        Jolly
        wrote on last edited by
        #3

        This is the U.S.

        You cannot have a business without liability insurance. At least not for very long...

        “Cry havoc and let slip the DOGE of war!”

        Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

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        • X Offline
          X Offline
          xenon
          wrote on last edited by
          #4

          I dunno - feels like a good oppty to gouge. Would you want to be a business owner without liability insurance? Chicken and egg....

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