Climate Change Is Forcing the Insurance Industry to Recalculate

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What happens when an extreme weather event hits a home where the risk was thought to be nonexistent?

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Geoengineering is modifying our weather.

Ok, but they cannot arbitrariately rise prices, without a proper apprisal. My property did not suffered any damage during hurrican maria nor I requested any type of assistance, and my insurance, for the mortgage is being raised over 400%. It is absurd

What usually happens is that the sclerotic self-important sociopaths who comment on the WSJ forums scold the unfortunate for choosing the wrong location to build. Then they go on to defend gouging and non-payment by the insurance industry.

Gasp! WSJ actually typed "climate change". My God, it's likely in year 2050, they'll actually type "possibility human related behavior has caused NYC to be underwater".

Dah! Talk to the military who recognize it as a huge danger creating lots of upheaval.

The attack on science continues in this country and at an unpresidented level. The industries that are responsible, have done a fantastic job sowing the seeds of doubt, to the ignorant, weak minded or politically irrational.

Earth tumor in Abuja federal capital if Nigeria n possible earthquake imminent in what has never happened and believed not possible, any relativity

Bull, it's just a way for the greedy to make even more money

Visit kenya a land free of harsh weather. Gurranted sunshine each day and a few rainy evenings per week. Tempetatures at 25°celcius thought the year. No winter No summer. No spring. No autum. Just a good weather

After dealing with Maria’s aftermath, greed and higher insurance payments are the rule of the day. We have to reverse the damage to our home planet.

You build a better home?

emitchbrooks

BLAME THE SUN! It controls the weather on earth! Do your research. Sunspots & sun's own evolution. Can anyone control the SUN?

RT : What happens when an extreme weather event hits a home where the risk was ...

What *should* happen - A review and correction of insurance industry practices.

You're just realizing this

Please consult BigJoeBastardi

In the aftermath of a wildfire in Fort McMurray—which insurers saw as an example of how climate change is altering the behavior of natural catastrophes—premiums increased

A shadows of new South continent

You re-evaluate your risk assessment and models, no?

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Climate Change Is Forcing the Insurance Industry to RecalculateSome homeowners are finding the cost of insurance prohibitively expensive. That's because the insurance industry is putting a price on climate change. I wonder how many of the forest fires in those pictures were started by arsonists, cigarettes being thrown out of cars, cars sitting on dead (un-maintained) forest areas, lightening or things other than climate change?
Source: WSJ - 🏆 98. / 63 Read more »