Thirty Years On, How Well Do Global Warming Predictions Stand Up?

[barbara]

https://abcnews.go.com/amp/US/state-...ry?id=99660740

Already insurance in California is changing due to fires.

[init4fun]

Originally Posted by barbara

https://abcnews.go.com/amp/US/state-...ry?id=99660740

Already insurance in California is changing due to fires.

Farmers just bailed out of Florida......

https://www.cbsnews.com/news/farmers...100000-people/

From the article;

"Farmers becomes the fourth major insurer to pull out of Florida in the past year, as the state's insurance market looks increasingly precarious amid a growing threat from extreme weather."

[Rajoo]

Originally Posted by init4fun

Farmers just bailed out of Florida......

https://www.cbsnews.com/news/farmers...100000-people/

From the article;

"Farmers becomes the fourth major insurer to pull out of Florida in the past year, as the state's insurance market looks increasingly precarious amid a growing threat from extreme weather."

And here is a nonsensical comment.

Florida Chief Financial Officer Jimmy Patronis, who oversees the insurance regulator, tweeted on Monday that if Farmers pulls out, "My office is going to explore every avenue possible for holding them accountable."

Accountable for what?

They are a private business and one of the best in the insurance industry and no one can be forced to do business in a state if they don't want to. Yes, same in California, especially with soaring home values in the Bay area, very few insurance companies are willing to take the risk. Or they cap the amount insured and with designated open spaces, fire risk is everywhere.

We have owned a house (non rental) in South Lake Tahoe for about thirty years and within the last two years, no insurance company will insure for fire. So CA established an insurance syndicate CA Fair plan and they offer a very basic fire insurance which is not very inexpensive either, but is a necessity.