"Insurance fraud is illegal."

"I was mostly thinking of carelessness."

"The insurers charge you less if you can demonstrate that you're doing things the fancy insurance statisticians, called 'actuaries', think reduce your risk."

"That's clever."

"By the time I'm from they have a lot of chances to try stuff out! Without having to navigate debt! In a population that thinks debt is pretty well approximate to the be-all and end-all of the important stuff!"

"Maybe you could structure something like that as bets, here, too."

"Ooh, yeah, insurance is a lot like a bet - it runs on risk aversion, not so much on differing odds, you could come to an agreement about how likely qualifying issues are and then take opposite sides just because the insurer doesn't think all their payouts will come due on the same day and the insured is willing to take an expected loss to mitigate a really bad tail risk."

"Still got to figure out some way to not entangle everyone with outstanding agreements but if we had one we could totally arrange that. ...tail risk is..."

"Oh, that's a graph thing, if you graph the odds of a thing being bad and most of the curve is a big hump over here in 'not too bad' and there's a low line -" He gestures. "- over in real bad outcomes, that looks sort of like a tail attached to the hump."

"Like, the amount of suffering a court will experience due to natural disasters, in any given sun day?"

"I guess?"

"What sorts of things are structured that way for humans?"

"Well, natural disasters over a longer period of time, I suppose, they're not generally quantized by the day."

"Natural disasters would be hard for fairies to insure against because no one's really rich enough to much mitigate them."

"Well. Soon."

He sure is the most wonderful person in the entire world.

So how about that next court huh?

Most of the other courts go similarly. The idea is a bit too abstract for people until, motivated by goodies, they manage to figure it out. Cam is very popular.

Faeries liking food is fun. Do faeries like popcorn shrimp? Marzipan? Banana chips? Little bagels with cream cheese and capers and lox? Donut holes? One-bite cheese frittatas? Honey glazed ham? Deep fried pickles? Assorted interesting cheese? Jalapeno poppers wrapped in bacon?

Faeries like all of these things!!!! Everything he produces goes pretty fast but their strongest preference seems to be for light, snacklike, interestingly flavored and textured things. Also no root vegetables and things that are like flower nectar. They get lots of those and are not very excited about them.

No root vegetables? But they haven't seen half the things humanity is going to invent to do with potatoes and onions, seriously. Garlic fries! Vinegary chips! Beer-battered onion rings! (But, yes, light snacklike interestingly flavored and textured, how do faeries feel about the weird molecular gastronomy foams?)

Faeries think that's amazing.

Weird molecular gastronomy foams for everyone! And little toasts with hummus on them. And baba ganoush. And tzatziki. And he's just gonna continue on a Mediterranean theme for a bit now.

Well it's good he isn't getting tired of this all that quickly because there's going to be so many of these.

There might be repeats after a few courts.