silence7@slrpnk.net to

News@lemmy.worldEnglish · 4 months ago

As Insurers Around the U.S. Bleed Cash From Climate Shocks, Homeowners Lose

www.nytimes.com

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As Insurers Around the U.S. Bleed Cash From Climate Shocks, Homeowners Lose

www.nytimes.com

silence7@slrpnk.net to

News@lemmy.worldEnglish · 4 months ago

6

It’s not just California and Florida now: Insurers are losing money around the country. It means higher rates and, sometimes, cancellation notices.

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silence7@slrpnk.netOP
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4 months ago
They’re ditching inland areas too, for different climate-related reasons.
- slurpinderpin@lemmy.world
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  4 months ago
  Soon everything is just going to be self-insured or state-insured and the insurance companies are gonna run off with bags of our money

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