Russell Hutchinson Opinion

People are punting on insurance – we have to stop them

Thursday 19th of August 2021

When a financial advantage could occur, there is moral hazard.

Some people fall foul of moral hazard. Although it is generally against my principles to get involved in other people’s moral behaviour, sometimes the hazard affects vulnerable people (children and people bullied by their partner are two common examples).

Milton Jennings used to tell a story about a client who...

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