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Anxiety around AI is growing rapidly in the US, research shows
(uk.finance.yahoo.com)
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this post was submitted on 02 May 2026
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Insurance companies have resorted to denying everything and forcing their customers to sue them for their money. I'd say that's a pretty good sign it isn't actually profitable today.
Isn't profitable? Insurance companies are definitely making profits because of their tactics of doing that to their customers,
Insurance is a numbers game: actuarial tables, predictable risk, predictable liability, and they do pay out occasionally, they even pay out ridiculously over-valued claims occasionally, as part of a numbers game that keeps their overall costs as low as possible.