State Farm was backing the GW-denying Heartland Institute. Think about it--...

[Jackpine Radical]

This would presumably mean that the corporate management has not only made no plans to cover the inevitable huge losses the world will experience due to direct & indirect effects of climate change in the coming years, but they are probably trying to "proactively" suppress potential governmental regulation requiring them to figure in such losses. Why else would an insurance company put major money into GW disinformation?

This in turn strongly implies that they are not really in the insurance business for the long haul, but are collecting money from homeowners under the false pretense that they are prepared to reimburse the insurees for the losses they will sustain from fires, floods, storms, rising sea levels and the like. They will not be able to do so. This will not stop the executives from pulling a Goldman-Sachs & walking off with the loot.


http://news.mongabay.com/2012/0508-hance_heartland_statefarm.html

[Initech]

1. When are we going to stop enabling these fucking thieves??

[Fumesucker]

2. When they no longer own the politicians..

[Jackpine Radical]

3. Two words:

Iceland. France.

[madrchsod]

4. the insurance underwriters have raised their rates to the international insurance companies

several year ago they raised their rates on ocean front property do the the rising seas. these guy are not going to lose money when the coastal areas permanently flood.

[abelenkpe]

5. They are motivated to deny gw so that

People will continue buying property in high risk areas and continue purchasing luxury vehicles that require owners to purchase their most expensive plans. So greed.

[Jackpine Radical]

6. Greed and a business plan that ensures long-term defalcation.

That is to say, greed intensified by psychopathy.