@mem_somerville_kbin@hedge My insurance company, Amica, is a mutual company; I get a suitable rebate every year.
Liberty Mutual is also a mutual company, but I hear they never issue any rebates, that management thinks it is more fun to spend any extra money on themselves.
Cooperates and mutuals are not a magic alternative to rapacious capitalism.
@mem_somerville_kbin @hedge My insurance company, Amica, is a mutual company; I get a suitable rebate every year.
Liberty Mutual is also a mutual company, but I hear they never issue any rebates, that management thinks it is more fun to spend any extra money on themselves.
Cooperates and mutuals are not a magic alternative to rapacious capitalism.