Wildfires, storms, hurricanes and flooding have pushed up costs for the insurance industry.
In the UK, weather damage insurance claims were the worst on record last year, according to the Association of British Insurers.
This massive rise was largely fuelled by the succession of storms that struck the UK last autumn.
In the US, millions of homes in Texas are experiencing power outages in the aftermath of Hurricane Beryl.
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new house build in flood plains …
Please report the wrongdoings of the Japanese Ministry of Finance.
They will use climate change to grift your very last penny. Oh yeah we have to put up your taxes to achieve net zero. Oh yeah we have to put up your insurance cos the weather or something. B S.
Global Warming is real. Insurance companies have known for years that weather event related losses would increase. It’s going to get worse. I wouldn’t buy a house within 50 miles of a coast.