Watch the insurance companies. They’re already pulling out of Florida. They extracted wealth from citizens for all this time, but they’re not going to stick around in places where they’ll have to pay mass claims due to repeated climate disasters.
I use this constantly when I try to talk to people who think climate change is a hoax. Out one side of their mouth they’ll say it’s all a hoax to make money, and then turn around and say the insurance companies are pulling out of Florida because of greed. I mean, yeah, it’s kind of out of greed but…
The insurance companies do not care about the politics of this issue, they aren’t “going woke” whatever that’s supposed to mean. They ARE greedy, and if they could make money in Florida, they would stick around and make money. Every mathematical model they have for calculating the income they can make from premiums versus the payments they would have to make due to natural disasters is starting to come up all frownie faces, so they’re leaving.
Watch the insurance companies. They’re already pulling out of Florida. They extracted wealth from citizens for all this time, but they’re not going to stick around in places where they’ll have to pay mass claims due to repeated climate disasters.
I use this constantly when I try to talk to people who think climate change is a hoax. Out one side of their mouth they’ll say it’s all a hoax to make money, and then turn around and say the insurance companies are pulling out of Florida because of greed. I mean, yeah, it’s kind of out of greed but…
The insurance companies do not care about the politics of this issue, they aren’t “going woke” whatever that’s supposed to mean. They ARE greedy, and if they could make money in Florida, they would stick around and make money. Every mathematical model they have for calculating the income they can make from premiums versus the payments they would have to make due to natural disasters is starting to come up all frownie faces, so they’re leaving.
California too