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most of the major insurers pulled out a of Florida a long time ago. If you want to figure out what's really going on with climate change ask the actuaries at in
by sharemywin 3y ago
most of the major insurers pulled out a of Florida a long time ago. If you want to figure out what's really going on with climate change ask the actuaries at insurance companies.
- infecto 3y agoI was listening to an economist podcast about insurance and they were interviewing a woman representing some segment of the insurance companies. She said that climate change played a role in pricing but the vast majority of problems were because of 1) Higher construction costs and 2) states not allowing insurance companies to raise rates to match the actual risk so they pull out.
- sharemywin 3y ago"Higher construction costs" I'm sure states new immigration stance will help with that. that's ok I guess the retirees and snow birds could get part time jobs. I'm sure they would do great lifting singles up a roof.