this post was submitted on 28 Feb 2025
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everything they own is insured and you would be doing them a favor if they could collect on the insurance money instead of holding onto the assets.
Probably not. At their level it's probably self insured, so they lose the money.
Someone will lose money, but it won't be blackrock
Insurance will start dropping them fast if it really catches on. A few wouldn’t affect anything. But hundreds?
anytime an insurance company withdraws from an arena; they pay out to their biggest policy holders anyways and blackrock has to be the biggest.