These costs are found in your insurance policies. The company always reserves the right to increase them if they have higher than anticipated deaths or expenses. I looked I couldnt find any company that has asked the NAIC for permission to raise their rates. If we are in a pandemic why no adjustment/increase?
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All of New Zealand is paying higher insurance since Christchurch Earthquake. mumble mumble "...man-made earthquake, I mean..." ...John Key. Result: doubled insurance, for average business, or qualified blue-collar jobs, such as registered builders, plumbers, gasfitters, electricians etc. The small company kind, that has to insure by law.
There were some horrific pics coming from tradies who were sent in armies to fix wiring, plumbing, cracks, foundations.
But most of it was material damage. Insurance jobs. Someone has to pay. Taxpayer, Insurance policy hikes.
but not mortality(death) costs. I,m talking about insurance companies having more people die than they anticipated by actuary numbers
They have trillions you watch. Probably another leg of this stupid deepnstatenthat needs to be chopped off.