'Insurance companies know': More people vulnerable as cost of climate disasters rises



As Florida residents recover from another hurricane, many are finding it increasingly difficult to insure their property against future disasters. Florida is not alone. Right-wing politicians may see some political advantage in pretending climate change is a hoax, but insurance companies that are paying more for clean-up and repairs after climate disasters know that their bottom line isn’t fake news. Monica Medina, a former NOAA official, talks with Ali Velshi about the increasing difficulty of securing insurance as damage from climate change becomes more likely across the U.S.Β 
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40 thoughts on “'Insurance companies know': More people vulnerable as cost of climate disasters rises”

  1. The world was warned and warned and warned for decades this was com8ng and it’s going to GET WAY WAY WORSE THAN THIS STUFF.shes missing the point it’s WORLDWIDE,it’s happening everywhere all over the world.

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  2. Thank you President Biden for taking quick federal action in Florida the Carolinas, and in So Cal and Maui. We appreciate the quick fed support in these natural disastersβ€β€β€β€πŸ‡ΊπŸ‡ΈπŸ‡ΊπŸ‡ΈπŸ‡ΊπŸ‡ΈπŸ‡ΊπŸ‡ΈπŸ‡ΊπŸ‡ΈπŸ‡ΊπŸ‡ΈπŸ‡ΊπŸ‡ΈπŸŒŠπŸŒŠπŸŒŠπŸŒŠπŸŒŠπŸŒŠπŸŒŠπŸŒ΄πŸŒ΄πŸŒ΄πŸŒ΄πŸŒ΄πŸŒ΄πŸŒ΄πŸ˜ŽπŸ˜ŽπŸ˜ŽπŸ˜ŽπŸ˜ŽπŸ˜ŽπŸ˜Ž

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  3. George Washington made one fundamental mistake !! Only for Orwell to reinforce what Washington heard and saw !!!! Unless you remove my upper n middle class globalist Englishmen from D.C. You are toast.

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  4. Im wondering when Trumpers,Republicans will finally acknowledge Man Made Climate Change is REAL,lol??!! But oh well, bet theyre Loving that Cold Blooded Unfettered American Capitalism though. Except now its Biting them in their Arses.πŸ˜…

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  5. The verdict is in and it’s YESSS!!! Climate change is real and it’s bad and it’s coming from the conservative Republican run insurance companies that are saying it loudly by their actions of dropping policies and or raising premiums to unaffordable levels in risky climate change prone areas which is sadly almost everywhere now

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  6. People in red States and Republicans that deny climate change is happening I'm sorry should not be subsidized by Blue States and people that actually believe science and have brains in their heads

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  7. Oh now who needs a hand πŸ€” hmm. Where's your relief? Oh yeah your Governor spent it on himself and all his trips to fly around trying to be president which will never happen.

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  8. Don't worry Florida our great President Biden will come in and save the day and step in where your Governor fails u. While your Governor is battling books. Biden will come in and help clean up

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  9. If you can't buy property insurance, the state's economy will collapse for sure. That is exactly what's happening in FL and there's nothing they can do about it. They can thank climate change and DeSantis.

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  10. πŸ’”πŸ’” only 2 all wildlife from 🐒2🐊 & even 2 πŸ•·οΈ/2 the environment πŸ’”πŸ’” -😊😊 voters in florida voted 4 GOP policies now they have 2 deal w/live w/ the consequences of their voteπŸ˜‚πŸ˜‚. (how many voters in florida after this hurricane would still quickly support a desantis presidency?

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  11. Over decades the insurance companies have been bribing the politicians to make laws so as to make sure that they can do and get away with whatever they want to do. Now those same Insurance companies are running away from the same States because it's costing them too much money. When will the people start to move away from those States.

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  12. Easy solution β€” people stop moving into areas where the possibility of disaster exists – OR – if they want to take the risk – the RISK has to be on them – and government.

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  13. Do you think Florida will…
    1) Make it so that no business requires insurance to operate in the state?
    2) Do something about climate change?

    I'm guessing they'll pass #1 DECADES before they do anything about climate change.

    Capitalists must capitalist, after all.

    Reply
  14. …."You always hear the Priest say at Holy Mass; "This is the Lamb of God who takes away the sins of the world".

    I have given My Body and My Blood for the salvation of Men and not the world! Well, precisely

    when sin entered by satanic deception and the consent of man,

    everything was perverted, nature lost its perfect balance: it was charming and had a

    divine harmony created for man, so that he would be his king, but he lost everything

    and it became a reality covered by a sad shadow, without light; hatred

    and death strangled her and she sought a precarious balance of survival until today.

    Often she rebels against man, even killing him; she no longer recognizes him as a king but as a tyrant.

    Only I can give that harmony of love again, when the full manifestation of the

    Children of God comes…….

    Reply

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