Christopher Mims on Nostr: Part of what's going on is that regulators can't keep up with the rate at which our ...
Part of what's going on is that regulators can't keep up with the rate at which our climate is changing and the degree to which it's leading to increased payouts.
They're trying to keep policies affordable for regular homeowners and business owners.
But what they're finding out is, sometimes they can't.
Increasingly, some properties are so at risk that the only alternative is the state-funded insurer of last resort.
3/🧵
Published at
2023-12-09 19:09:06Event JSON
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