...from the linked article...
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“It’s directly related to climate risk,” said Jeremy Porter, head of climate implications at the nonprofit First Street Foundation, which quantifies climate-related risks. He said that insurance companies are increasingly interested in the organization’s data.

“Insurance companies are responding to the fact that we’re seeing more frequent and more severe climate events, and the fact that they’re paying out more than they’re bringing in,” he said.
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How does someone with your intelligence keep ending up on the short end so often? All you have to do is broaden your sources.


Link: https://www.cnbc.com/2024/07/02/florida-california-insurance-crisis-spreading-your-state-next.html