Truthdig - Tag - Insurance Industry

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Tag: Insurance Industry

walknboston (CC BY 2.0)

How the Rentier Class Cannibalizes the Economy

By Michael Hudson, ISLET —

Rather than mobilizing savings to fund new industries, the banking system that comprises the financial, insurance and real estate sectors merely loads the economy down with debt.

Posted on Jan 11, 2013 READ MORE

StockMonkeys.com (CC BY 2.0)

Insurance Industry Is Taking Climate Change Seriously

Now that it’s paying an average of $50 billion a year in weather- and climate-related losses, the insurance industry has become a believer in global warming.

Posted on Dec 15, 2012 READ MORE

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