Post #3195118
2026-06-01 14:15 UTC
@RantingCanuck@mstdn.ca @gbargoud@masto.nyc @jeffowski@mastodon.world
@adaliabooks@ohai.social
I believe motor insurance is at least part nationalised in some regions of Canada?
Here in Britain the "free market" is pretty much fake anyway.
There are only about 5 main insurance companies using about 100+ brokers and sub brands, and actual vehicle assessment and repair is further outsourced to 2 or 3 large companies - some of which even have their own exclusive bodyshop networks, so there isn't even work trickling down to smaller businesses..
Replies (2)
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@adaliabooks@ohai.social 2026-06-01 14:53
@vfrmedia@social.tchncs.de Absolutely, not just insurance but in many other things as well. Most of the mail-order/online catalogue companies are just one or two companies trading under different names. Same with debt collectors.
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@RantingCanuck@mstdn.ca 2026-06-01 15:01
@vfrmedia@social.tchncs.de @gbargoud@masto.nyc @jeffowski@mastodon.world @adaliabooks@ohai.social Canada is a mixture; 4 out of 10 provinces have public insurance (3 of them operate as non-profits, 1 operates on a for profit basis with profits going into the provincial treasury).... the rest have private insurance and like Britain they operate under the 'free market' myth even though there are only a handful of actual insurance companies.