3 ms·
> The electorate perceives the change to be too costly […] I am actually not convinced either way. The insurance companies are convinced: * https://www.munich
by throw0101a 3y ago
> The electorate perceives the change to be too costly […] I am actually not convinced either way.
The insurance companies are convinced:
* https://www.munichre.com/en/risks/climate-change.html https://www.munichre.com/en/risks/climate-change.html
* https://www.insuranceinstitute.ca/en/resources/insights-research/Climate-risks-report https://www.insuranceinstitute.ca/en/resources/insights-rese...
* https://www.scientificamerican.com/article/climate-change-is-destabilizing-insurance-industry/ https://www.scientificamerican.com/article/climate-change-is...
* https://vancouver.citynews.ca/2023/08/09/climate-change-canadian-insurance/ https://vancouver.citynews.ca/2023/08/09/climate-change-cana...
They regularly have to pay out for what happens, and they're not happy about the direction things are going and are passing the cost along. Just ask anyone living in Florida:
* https://www.newsweek.com/florida-insurance-crisis-explained-1812418 https://www.newsweek.com/florida-insurance-crisis-explained-...
* https://www.pnj.com/story/money/2023/07/12/florida-insurance-crisis-farmers-insurance-home-insurance-what-to-know/70407302007/ https://www.pnj.com/story/money/2023/07/12/florida-insurance...