- cross-posted to:
- usnews@beehaw.org
- cross-posted to:
- usnews@beehaw.org
More insurance companies are fleeing the state because of the growing threat from natural disasters.
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Insurance companies are about the purest form of capitalism around. If they aren’t making money, they aren’t going to participate. This is going to be a problem for California, Florida, Louisiana, and places in the Mountain West.
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I think the whole western half of the country is strained for water, so might have to do with that.
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It’s probably the fire