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Torr Leonard 🧵@torrleonard.bsky.social |
"insurance turmoil caused by climate change — which had been concentrated in FL, CA & LA — is becoming contagion, spreading to states like IA, AR, OH, UT & WA. Even in Northeast, where homeowners insurance was still generally profitable last year,trends are worsening
www.nytimes.com/interactive/...
1 replies 3 reposts 3 likes
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Torr Leonard 🧵
@torrleonard.bsky.social
[ View ] |
"In 2023, insurers lost money on homeowners coverage in 18 states, more than a third of the country, according to a New York Times analysis of newly available financial data. That’s up from 12 states five years ago, and eight states in 2013."
1 replies 0 reposts 1 likes