Michael Will Cost Billions, But Insurance Industry Can Cope, Analysts Say

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The storm's costs to insurers will be substantial, Fitch Ratings says, but companies should be able to absorb the losses. Still, communities will be coping with the financial fallout for a long time.

 

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you should be ashamed of this article. Lives need to be saved. Streets need to be cleared. Families do not have power, running water and their sewer is backed up. CNN AC360 donlemon MSNBC WSJ NBCNews

Remember all the years without a hurricane? I’m sure they will be fine. This is what insurance is for.

They’ve certainly collected billions in advance...

The property owners know this game. That’s why they keep rebuilding. We all pay for their new beach homes.

All rates will go up

Hello! What are we doing about climate change? No coal,no gasoline. New laws to phase them out. Saudis and oil companies goodbye!

They can cope by raising premiums. Another way in which we will all pay 💰 out of pocket for climate change.

... by charging everyone more. Phew, for a second there I was really worried for the insurance industry!

Yeah, I'm sure the insurance industry will be just fine. Smfh.

Watch your rates go up all over America.

Who gives a fuuuuuuuuuck lol

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