We have this in Florida, a non-profit insurer of last resort. Eventually, we will have a year with enough hurricane damage that it will wreck the entire economy

We have this in Florida, a non-profit insurer of last resort. Eventually, we will have a year with enough hurricane damage that it will wreck the entire economy, because so many homes have been built that cannot be reasonably maintained. https://en.wikipedia.org/wiki/Citizens_Property_Insurance_Corporation https://en.wikipedia.org/wiki/Citizens_Property_Insurance_Co...