Gift link so everybody has access to the WSJ article about insurers quietly exiting high climate risk markets without an announcement www.wsj.com/business/ins...
Huge losses from national disasters prompt industry to jack up prices and pull back from some markets; ‘worst possible scenario’ for consumers
We regret to inform you that Allstate has succumbed to the woke mind virus
I live in Florida. Believe me, this is a PROBLEM.
Good info and a stark warning. Thank you for sharing the link!
Thank you!
Nobody wants to work anymore.
and this affects the red states far more, sure California gets fires but generally the bigger damage are hurricanes etc
Climate change deniers always relied on the fact that, once global warming was obvious enough to have real world impacts, it would be too late.
Call me a softie but I feel for tribalists who followed political/ideological leaders in their belief that "climate change is not real" because insurers don't give a toss and soon they'll find out those leaders don't either. It's going to mess up people's livelihoods one way or another 😔
I shared some idle thoughts on this stuff a while ago: