They aren't in business to give away money. Insurance is all about paying to mitigate risk. If the risk of loss increases or becomes too hard to predict, insurance will get more expensive or simply not be offered.
I will never understand the endless linguistic indirection when in the end it’s all Soylent Green; just people.
Insurance is an extremely demanding business. This isn’t something you can throw commodity drones at. If you’re willing to create a coöperative job that pays millions to its actuaries and risk managers, fine. Most don’t. Hence why a profit-based model works: it can incentivise the people that are needed for it to work in the long run to do the job. (In the short run, anyone can run a sloppy insurance operation.)
https://en.wikipedia.org/wiki/Saskatchewan_Government_Insura...