• eldavi@lemmy.ml
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    12 hours ago

    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.

    • ryathal
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      8 hours ago

      Probably not. At their level it’s probably self insured, so they lose the money.

      • eldavi@lemmy.ml
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        12 hours ago

        anytime an insurance company withdraws from an arena; they pay out to their biggest policy holders anyways and blackrock has to be the biggest.