They are. They are extremely profitable. This is the reason Warren Buffett runs an insurance company.
Profitable from selling insurance services, NOT from selling written-off cars! You really are utterly clueless, aren't you? Insurance companies make their money by charging people insurance premiums. What they actually WANT, is for you to cough-up you insurance premium and NOT "total" your car! If you write your car off, they have LOST money on you that year, because the payout for your written-off car (let alone any damage you might have done to a 3rd party with it) will be more than the premium you paid. Haven't you noticed how they offer those things called "no-claims" discounts"? How does your business case work, if (as you claim), it's more lucrative for them to sell your written-off car to someone? Wouldn't you have thought they'd be positively encouraging people to write their cars off? Have you any idea how utterly ridiculous you sound to anyone with even half a brain? (It's OK, that was a rhetorical question...)
Done that how many times? 2 times?
Perhaps you'd like to tell us how many write-offs, you've bought back off insurance companies?
We intend to. We had big oil behind us. Now we have big insurance behind us. Next, we will have big trump behind us. We can't lose.
Wow... "Stockholm syndrome" really is a thing with you, isn't it?! You really think Big Oil (or Trump) care about you?! Really?! You're getting your butt kicked every time you fill up, and like the good little sheep that you are, you just keep on coming back for more...