That does not help as long as idiots build wooden sheds as “houses” right on the middle of woods that are known to burn down every few years. Common sense is rather rare with some people, and you cannot expect other people to pay for it via their insurance.
In an ideal world, I’d like to see them use their power, influence and bankroll to push forward greater action to combat climate change.
Surely there is an “enlightnend self-interest” arguement to be made for them funding action that will reduce future claims payouts?
Similar to insurers funding fire prevention activities, improvements in building codes, additional safety features in road design, etc.
That does not help as long as idiots build wooden sheds as “houses” right on the middle of woods that are known to burn down every few years. Common sense is rather rare with some people, and you cannot expect other people to pay for it via their insurance.