- cross-posted to:
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- cross-posted to:
- [email protected]
More insurance companies are fleeing the state because of the growing threat from natural disasters.
More insurance companies are fleeing the state because of the growing threat from natural disasters.
Insurance companies are about the purest form of capitalism around. If they aren’t making money, they aren’t going to participate. This is going to be a problem for California, Florida, Louisiana, and places in the Mountain West.
Mountain west? Why? I don’t see anything particularly concerning in Utah but maybe I’m not paying enough attention?
I think the whole western half of the country is strained for water, so might have to do with that.
Ah gotcha. Why would a drought increase my insurance premiums?
It’s probably the fire