The National Forum   Donate   Your Account   On Line Opinion   Forum   Blogs   Polling   About   
The Forum - On Line Opinion's article discussion area



Syndicate
RSS/XML


RSS 2.0

Main Articles General

Sign In      Register

The Forum > General Discussion > Citing climate change risks, U.S. Insurer Farmers is latest insurer to exit Florida

Citing climate change risks, U.S. Insurer Farmers is latest insurer to exit Florida

  1. Pages:
  2. 1
  3. Page 2
  4. 3
  5. All
Dear WTF?,

I wonder if in Australia our farmers could learn
from our First Nations people what they need to
do for farm sustainability?

Just a thought.
Posted by Foxy, Thursday, 27 July 2023 1:34:29 PM
Find out more about this user Recommend this comment for deletion Return to top of page Return to Forum Main Page Copy comment URL to clipboard
Hello Foxy,

Interestingly, Florida Republican Gov. Ron DeSantis passed a law in May this year that aims to hold property insurance companies more accountable for claims-handling practices by requiring more transparency with their processes, increasing fines for violating laws, and giving the state’s regulatory bodies additional powers to investigate allegations of bad behaviour in a market that has been teetering toward collapse for years.

This is the same Ron DeSantis who champions small government and cutting of "red tape".

Truly ironic.

Watchdog organisations and critics said the industry’s lobbyists and political donations have strongly influenced past legislation and lax oversight by state regulators.

Even Republicans are starting to realise that they are just patsies in a game where they thought that they made the rules.
Posted by WTF? - Not Again, Thursday, 27 July 2023 1:39:11 PM
Find out more about this user Recommend this comment for deletion Return to top of page Return to Forum Main Page Copy comment URL to clipboard
Dear WTF?,

People in Florida are struggling to insure their properties.
Despite repeated efforts by the state legislators and the
Republican Governor Ron DeSantis to try to calm the volatile
market that's making things less affordable.

Now back to Australia. The following link explains how
the return of indigenous farming could help regenerate
Australia:

http://wwf.org.au/news/2021/return-of-indigenous-farming-foods-fire-could-help-regenerate-australia/
Posted by Foxy, Thursday, 27 July 2023 1:53:29 PM
Find out more about this user Recommend this comment for deletion Return to top of page Return to Forum Main Page Copy comment URL to clipboard
Hello Foxy,

Somehow I think that more and more farms with embrace Artificial Intelligence as a means to improve production.

Unfortunately, I think that farming, and as a result our food choices, will become much more generic.

I have a fear that Indigenous input into farming will only become a curiosity in the future catering for a niche market only.
Posted by WTF? - Not Again, Thursday, 27 July 2023 2:08:30 PM
Find out more about this user Recommend this comment for deletion Return to top of page Return to Forum Main Page Copy comment URL to clipboard
Dear WTF?,

I suspect you're probably right.

Still, I guess miracles don't happen over night
and where there's hope - sometimes things do
happen.
Posted by Foxy, Thursday, 27 July 2023 2:22:41 PM
Find out more about this user Recommend this comment for deletion Return to top of page Return to Forum Main Page Copy comment URL to clipboard
" Farmers Insurance has become the
latest insurer to pull out of Florida. "

Not quite. They operate under various names and have withdrawn one of those companies within its group. In effect, they have withdrawn 30% of their business. The other 70% remains in place.

So are they only 30% sure that the dreaded hurricanes are going to destroy their business?

I remember back in the 2000s that a German insurer Munich Re, announced that climate change (it was called global warming back then) would destroy the insurance business. Then the so-called climate pause happened, or more exactly, was finally accepted as a fact, and Munich Re was forced to admit they had no real evidence to justify their original claims.
Posted by mhaze, Thursday, 27 July 2023 2:48:01 PM
Find out more about this user Recommend this comment for deletion Return to top of page Return to Forum Main Page Copy comment URL to clipboard
  1. Pages:
  2. 1
  3. Page 2
  4. 3
  5. All

About Us :: Search :: Discuss :: Feedback :: Legals :: Privacy