Climate Change Challenges for Insurers

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Insurance pricing isn't keeping up with the costs of climate change claims. Every year for the last decade has seen claims set new records.
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The US govt should stop insuring flood loss for anyone within half a mile of a large body of water. Or the rates should be as high as earthquake insurance is in CA. Why should the rest of the country subsidize those who want to live by the water despite the obvious risks with rising seas?

goodwork
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lobby congress :::)) no climate change ....

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