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One of the ironies of climate change is that as it is making insurance unavailable or unaffordable for millions of Americans, many homeowners are forced to turn to last-resort insurers who are ...
The insurance industry has been criticized by environmental activists and Democratic Party lawmakers for continuing to provide coverage to fossil fuel companies, while Republican Party lawmakers have criticized the industry for curbing policy coverage to oil-and-gas companies (even though most U.S. insurance companies have generally refrained from doing so in contrast to insurers ...
In the past, acquiring homeowners’ insurance didn’t present buyers much difficulty, but as climate change increases the frequency and severity of extreme weather, insurers — especially those ...
American homeowners and renters are paying more for home insurance due to an increase in disastrous weather events triggered by climate change. Since 1980, the first year on record, “the U.S ...
Homeowners insurance premiums are up 300% in California since before the pandemic, insurance exec says. ... Climate change is to thank for the rising cost in homeowners insurance premiums—and ...
Climate change is causing an increase in severely destructive storms which, in turn, increase risk for insurers. Reinsurance companies that serve as backstops for insurers are raising prices and ...
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