silence7@slrpnk.net to News@lemmy.worldEnglish · edit-26 months agoAs Insurers Around the U.S. Bleed Cash From Climate Shocks, Homeowners Losewww.nytimes.comexternal-linkmessage-square7fedilinkarrow-up126file-textcross-posted to: [email protected]
arrow-up126external-linkAs Insurers Around the U.S. Bleed Cash From Climate Shocks, Homeowners Losewww.nytimes.comsilence7@slrpnk.net to News@lemmy.worldEnglish · edit-26 months agomessage-square7fedilinkfile-textcross-posted to: [email protected]
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minus-squaresilence7@slrpnk.netOPlinkfedilinkarrow-up4·6 months agoThey’re ditching inland areas too, for different climate-related reasons.
minus-squareslurpinderpin@lemmy.worldlinkfedilinkarrow-up3·6 months agoSoon everything is just going to be self-insured or state-insured and the insurance companies are gonna run off with bags of our money
minus-squaresilence7@slrpnk.netOPlinkfedilinkarrow-up1·6 months agoThis implies an end to mortgages (or sharply higher interest rates) and a huge drop in real estate prices.
They’re ditching inland areas too, for different climate-related reasons.
Soon everything is just going to be self-insured or state-insured and the insurance companies are gonna run off with bags of our money
This implies an end to mortgages (or sharply higher interest rates) and a huge drop in real estate prices.