Politicians and most of the news media know very, very little of the insurance business.
Add to this the fact that insurance companies must be large, to be in business.
This makes such companies ideal scapegoats for left-leaning politicos seeking votes from uninformed voters.
Remember, insurance companies are highly regulated by their state insurance departments. They’re not permitted to lose money for very long, while controls dampen “enormous” earnings.(See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)
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