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Crop insurers don't pay out based on what governments say the temperature was, they pay out based on verified crop damage. So, unless you can see a smart tradin
by mike_hearn 3mo ago
Crop insurers don't pay out based on what governments say the temperature was, they pay out based on verified crop damage. So, unless you can see a smart trading strategy that takes that into account (I'm all ears!) then I'm not sure how to profit based on these problems.
- selimthegrim 3mo agoYou should tell that to the people in America caught trying to defraud them by sabotaging weather stations, no?
- mike_hearn 3mo agoI wasn't sure what this was a reference to. Grok says it's about a case in Kansas in 2016, but: - They tried to sabotage rain sensors - The insurer was the federal government - They were quickly caught So ... there doesn't seem to be any commercial angle here. Is that what you meant?