Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

320. How the World Became Uninsurable

320. How the World Became Uninsurable

FromThis Machine Kills


320. How the World Became Uninsurable

FromThis Machine Kills

ratings:
Length:
85 minutes
Released:
Feb 24, 2024
Format:
Podcast episode

Description

We go in for another edition of Crisis Watch: Insurance Death Drive and talk about how insurers are flailing and floundering, grabbing onto anything they can while trying to keep their head above water as they drown, and pulling all of us down with them. Insures across health, car, and home coverage are holding the public hostage as they hike premiums by shocking (and illegal) percentages, as they cancel policies at a rapid clip, and as they simply exit entire markets. We get deeper into not only what is happening, but why this crisis is suddenly popping off now. Spoiler: the public is bearing the brunt of stupid, short-sighted decisions made by insurance companies and their risk models.

••• ‘Humanity’s remaining timeline? It looks more like five years than 50’: meet the neo-luddites warning of an AI apocalypse https://www.theguardian.com/technology/2024/feb/17/humanitys-remaining-timeline-it-looks-more-like-five-years-than-50-meet-the-neo-luddites-warning-of-an-ai-apocalypse
••• Health insurers accused of charging more for top-level hospital cover than price cap set by federal government https://www.abc.net.au/news/2024-02-15/health-insurance-hospital-cover-premiums-surge-despite-price-cap/103464202
••• Auto-insurance costs rear their ugly head yet again https://www.ft.com/content/cf42ae85-492d-465c-94f7-343bffa95b40
••• The uninsurable world: what climate change is costing homeowners https://www.ft.com/content/ed3a1bb9-e329-4e18-89de-9db90eaadc0b

Subscribe to hear more analysis and commentary in our premium episodes every week! https://www.patreon.com/thismachinekills

Hosted by Jathan Sadowski (www.twitter.com/jathansadowski) and Edward Ongweso Jr. (www.twitter.com/bigblackjacobin). Production / Music by Jereme Brown (www.twitter.com/braunestahl)
Released:
Feb 24, 2024
Format:
Podcast episode

Titles in the series (100)

A podcast about technology and political economy /// Agitprop against innovation and capital /// Hosted by Jathan Sadowski and Edward Ongweso Jr., Produced by Jereme Brown /// Hello friends and enemies Listen anywhere that fine podcasts are distributed. Subscribe at patreon.com/thismachinekills to get premium episodes every week.