Why are so many insurance companies pulling out of providing coverage in Florida?

915 views

Why are so many insurance companies pulling out of providing coverage in Florida?

In: 774

24 Answers

Anonymous 0 Comments

Insurance is this: You are betting a natural disaster happens, the insurance company is betting that it doesn’t.

Insurance companies are no longer willing to take that bet.

Why? Because they put billions into research and calculators to ensure they win the bet. BUT their research and calculators are telling them climate change is real, and things will be getting worse.

You are viewing 1 out of 24 answers, click here to view all answers.