> fire insurance is untenable How do the insurance companies afford to insure places like in Florida and the lower East Coast, which seem to keep getting hamme

> fire insurance is untenable How do the insurance companies afford to insure places like in Florida and the lower East Coast, which seem to keep getting hammered with hurricanes year after year, getting worse year after year? And... can they keep up this pace? Apparently in 2017, fires "only" cost insurance companies ~$14B, out of ~$132B paid out. The majority was caused by Hurricanes Harvey, Irma, and Maria. 2017 was the 2nd costliest year on record in terms of natural disasters (have to wait for '18 numbers released in Jan). So why is fire insurance untenable while hurricane ins. isn't? https://www.reuters.com/article/us-global-insurance-aon/2017-second-costliest-year-on-record-for-natural-disaster-insured-losses-aon-idUSKBN1FD22Y https://www.reuters.com/article/us-global-insurance-aon/2017...