Well, maybe they could have fixed it sooner, but really it's like this. If there's a major exploit and people exploit it then yes the devs *** up, but anyone who exploited it usually gets punished. Many companies simply ban exploiters if the exploit is considered major.

So I am curious if this action was warranted because enough people cried about it and then the devs realized their computations were not compensating for the global moving average market prices of two weeks or if it is documented somewhere that insurance fraud is against the rules.

If it was the former then I am completely ok with it but if corps are being penalized for a Dev oversight then I don’t think that is right now matter how it has affected the economy.  I understand that mistakes can happen like this but it looks more like peer pressure than admitting a mistake and moving on.

So for example...lets say that they realize that the hit dispersion and damage calculated from skills for Medium EM Guns were 30% too high and as a result pilots employing these guns were too effective in combat are they going to refund the victims of those Kains the bots they lost? 

Where will this kind of retroactive compensation end?  I am all for balance in these games but everyone knows "insurance fraud" has been going on here for a long time now.

Must be the reason why suddenly our corp has 0 nic. Across all the bank chars. After 3 months of producing, trading, assignment running and obviously insurance fraud. Yes, we made 0 nic in 3 months. Interesting math.

EDIT: ohh my god, just read again through blog post:

Why so much lie? hahaha. All you did was check who got insurance NIC and just wiped those accounts to 0 NIC.

They also said they removed 1 billion nic, and it was more then that on single characters.

How about fact that YESTERDAY, lots of mechs went missing from our corp storages? Ohh, devs forgot to post they removed mechs/bots from corps, not just nic (PROFIT LOL) in their blog?

This is getting more and more hillarious.

Pretty poor that people have to exploit to enjoy a game, or get an edge on their competitors.

In the pasts months you quote people knew about it, this is true.
However majority CHOSE to not exploit it .
You CHOSE to exploit it to gain an unfair advantage in the game.

If there had been no punishment you would not be crying just accept the punishment for your wrong doing and move on you cannot justify it however you try to spin it.

I just bought a 90-day sub to support that change.
Wonderful!

Good job devs!

I'm happy that devs are focusing on game development rather than watching at what u are doing. U just did know u souldn't have done that. So why did u so kid ?

You don't stop talking about the punishment. What about talking about what some people do to take an advantage UNFAIRLY over their opponents ??

For the first time ever i agree with miss kaid

You got caught gaming the system... Insurance exists to indemnify not enrich, you should have known that without having to be told.  Blaming DEV's for your own F-UPs is weak, admins that actually enforce penalties for exploiting are good...

IMO, every major producers considered running an insurance fraud, not all of them followed through.  Having a bit of NIC wiped after exploiting isn't unduly harsh so just take it on the chin and move on.