Catastrophic Wildfires Exacerbate Insurance Crisis in California and Florida on Nostr: Increasing Climate Change-Related Disasters Shake Homeowners Insurance Industry ...
Increasing Climate Change-Related Disasters Shake Homeowners Insurance Industry Across the United States
===============
#1e22b6bd ver:0.16
Increasing climate change-related disasters are shaking the homeowners insurance industry in the US, leading to unprofitability and insurers raising premiums, narrowing coverage, and dropping customers. This threatens the economy, as without insurance, banks won't issue mortgages, leading to a decline in real estate values and property tax revenues. Insurance crisis in California affects home prices and sales, while Florida's insurance market faces challenges. Catastrophic wildfires and the need for a federal cyber insurance backstop are also impacting the industry. #ClimateChange #InsuranceCrisis #HomeownersInsurance #California #Florida #Wildfires #CyberInsurance...
#newstr #ClimateChange #HomeownersInsurance #InsuranceIndustry #Disasters #Premiums #Coverage #Economy
https://here.news/story/1e22b6bd?ver=0.16
===============
#1e22b6bd ver:0.16
Increasing climate change-related disasters are shaking the homeowners insurance industry in the US, leading to unprofitability and insurers raising premiums, narrowing coverage, and dropping customers. This threatens the economy, as without insurance, banks won't issue mortgages, leading to a decline in real estate values and property tax revenues. Insurance crisis in California affects home prices and sales, while Florida's insurance market faces challenges. Catastrophic wildfires and the need for a federal cyber insurance backstop are also impacting the industry. #ClimateChange #InsuranceCrisis #HomeownersInsurance #California #Florida #Wildfires #CyberInsurance...
#newstr #ClimateChange #HomeownersInsurance #InsuranceIndustry #Disasters #Premiums #Coverage #Economy
https://here.news/story/1e22b6bd?ver=0.16