Wouldn't insurance rates go up if they reported all of the shoplifting? I suspec... | Hacker News

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		jonbiggums22 4 months ago \| parent \| context \| favorite \| on: Kmart's use of facial recognition to tackle refund... Wouldn't insurance rates go up if they reported all of the shoplifting? I suspect most large company's do some sort of self insurance setup though.

buckle8017 4 months ago [–]

There's really no insurance for retail shoplifting.

Big retailers just bake crime into the cost of goods sold.

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