Old joke: What's the purpose of an iron foundry?
Correct answer: To make money.
Insurance companies had this difference: They grew out of different mutual aid groups, pooling their resources for when one member ran into trouble. That works until too many Katrinas. Next step, invest a percent of the funds pool so as to have an excess when needed. I'm sure you know this; I summarize it this way to show that the original "insurance company" was not a 'soulless member of the 1%'. All the members were of the same profession or religion with the same attitudes in their everyday lives.
FF* to today. How many Americans [to pick just one country] have the same attitudes as people even one neighborhood over? How many insurance companies, even the mutuals, spend a minute away from the books, organizing e.g. a fuller's guild picnic?
They're in business to make money, and the executive, up to the CEO, who forgets that loses his job.
There's an alternative. A system that cares so much for the down-and-out that it mandates allowing for gleaners. Put into law. Here's the links; read 'em yourself this time. I'm not your rabbi.
: Gleaning in your encyclopedia, and at Lev 19:9,10 and Ruth ch. 2.
Works for us, now.
* Explain to your kids that it's a video tape reference. Then, explain ... Oh, never mind.