Odusei@lemmy.world to News@lemmy.world · 1 year agoAAA pulls back from offering insurance in Florida, following Farmerswww.cbsnews.comexternal-linkmessage-square46fedilinkarrow-up133arrow-down10file-textcross-posted to: climate@slrpnk.netusnews@beehaw.orgnews@chat.maiion.com
arrow-up133arrow-down1external-linkAAA pulls back from offering insurance in Florida, following Farmerswww.cbsnews.comOdusei@lemmy.world to News@lemmy.world · 1 year agomessage-square46fedilinkfile-textcross-posted to: climate@slrpnk.netusnews@beehaw.orgnews@chat.maiion.com
minus-squaredanhasnolife@lemmy.worldlinkfedilinkarrow-up6·1 year agoInsurance 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.
minus-squareInternetCitizen2@lemmy.worldlinkfedilinkarrow-up1·1 year agoI think the whole western half of the country is strained for water, so might have to do with that.
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