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
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Posted by WTF? - Not Again, Monday, 31 July 2023 11:51:50 AM
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It's a war on food.
Posted by Armchair Critic, Tuesday, 1 August 2023 12:16:16 PM
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Here's a link that may be of interest:
http://global.insure-our-future.com/german-insurers-are-risking-their-climate-credibility/ Posted by Foxy, Tuesday, 1 August 2023 1:17:28 PM
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Insurance companies refusing to re-insure homes or up take new policies in U.S. states like Florida, Louisiana and California has nothing to do with an announcement from a German insurer suggesting, 23 years ago, that "climate change ... would destroy the insurance business" .
If fact, U.S. insurance companies are taking the necessary steps to ensure even greater profits.
Their business are far from destroyed and they know it.
They are flexible and profit driven and are not interested in making silly announcements about their business model causing their own destruction.