• dumnezero@piefed.social
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    2 days ago

    “Most of the price-increasing pressures aren’t really controllable by us, so we focus on trying to keep the system fair,” Bolduc said, adding: “The real problem is the math is not good.”

    It is somewhat funny that the insurance sector, infamous for being shady, has to play the role of promoting the hard climate facts.

    Abandoned McMansions are going to be an interesting sight.

    • HobbitFoot
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      2 days ago

      Or it will be like Florida, where insurance companies are exiting the state, leaving the State of Florida as the insurer of last resort to a lot of homes. This could cause the first state bankruptcy in American history.

      • DarkFuture@lemmy.world
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        2 days ago

        This could cause the first state bankruptcy in American history.

        Don’t worry. Blue states will bail them out. Then they’ll turn around and shit in the hand that feeds them.

        • HobbitFoot
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          2 days ago

          It depends, especially if it happens when Trump is President.

  • cyrano@lemmy.dbzer0.com
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    2 days ago

    For climate denier this is the only way to hit it home, the wallet. Sure you can live anywhere you want but that will cost you. Don’t want to pay ? Fine and don’t cry at the next natural event.