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It's worth noting that at least a lot of the (non-health) insurance rises are driven by the reinsurance market responding to ever higher dollar amounts of claim
by bobthepanda 8mo ago
It's worth noting that at least a lot of the (non-health) insurance rises are driven by the reinsurance market responding to ever higher dollar amounts of claims annually due to disasters.
- alephnerd 8mo agoThis underestimates the SUI premium hikes following the COVID layoffs. Most states charge businesses a risk premium when employees are terminated, and given that most states UI and Workers Compensation funds are now insolvent [0] they fight tooth and nail to increase premiums. [0] - https://oui.doleta.gov/unemploy/docs/trustFundSolvReport2025.pdf https://oui.doleta.gov/unemploy/docs/trustFundSolvReport2025...