- cross-posted to:
- news@kbin.social
- cross-posted to:
- news@kbin.social
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.
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I think the whole western half of the country is strained for water, so might have to do with that.
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It’s probably the fire