A scary situation, but an interesting read -- explaining the complex relationships between homeowners, insurance companies, reinsurance companies, state & federal regulators, and the emerging threats of the #climatecrisis#climatebubble is close to popping...
Insurers are withdrawing from markets to reduce their climate risks. But where are residents supposed to go? A national adaptation strategy - with transparency around underlying climate data (h/t @madisoncondon.bsky.social - is a critical need. www.levernews.com/rise-of-the-...
Rise Of The Insurance Apocalypse
How climate change is breaking down the global safety net for handling life’s risks.