Whoa now. That is some prejudiced and elitest reporting. How dare anyone acknowledge the problems in florida, the sunshine state that is perfect.
In all seriousness: It sounds like this is being a bit over reported, but the extent to which they are pulling out remains to be seen. And it is going to REALLY suck for florida as people are stuck holding mortgages for condemned and washed away houses.
But it also sets a really concerning precedent. California has already seen issues (but, being a functioning government, are setting up government programs to protect people from wildfires). But more and more of the country/world are going to become uninhabitable over the next few decades and insurance companies are likely to pull out of risky areas and just raise premiums elsewhere.
Texas is always at a high risk of someone plugging their phone charger into the wrong outlet and taking out the grid for the entire state. They are a special kind of stupid
Arizona is interesting. They definitely have massive drought issues. But wildfire wise, they tend to be pretty okay. I assume because there isn’t enough moisture to actually grow trees to burn but I am sure it is more complex than that.
Which isn’t something insurance covers and thus not applicable here.
You can’t (easily) file a claim because “it is hot as balls outside”. You can (generally) file a claim for “my house burned down”.
The planet becoming more and more inhospitable is one side of this hell. But the issue with insurance companies pulling out is that it leaves the owners holding the bag. The bag, in this case, being a massive mortgage on a condemned plot of land.
“Hot as balls” raises workers’ comp. and health insurance payouts, people getting heat exhaustion and heat stroke, even heart and respiratory diseases can be brought on or worsened by heat.
The risk in CA is that they have built so many communities in areas that are prone to wild fires (and in some cases are even part of the natural eco system) that is inevitable that if they rebuild that it will burn down again. They also have high material costs, higher labor costs, and more stringent building codes (rebuilding to code can get really expensive). Lastly CA has a more highly regulated insurance market which protects consumers, but makes it less profitable for insurance companies. While IMO this is a good thing it has ripple effects on whether or not the private market wants to participate.
florida as people are stuck holding mortgages for condemned and washed away houses.
I mean what is the issue with just not paying them? For a big enough hurricane there will be too many delinquent mortgages, so it might be easy to hide or just tell the bank that the free market is harsh mistress and sucks their risk didn’t pay off.
This reminds me of a video a few years ago where a mom was trying to take a picture with her kid and a bison. The kid looked super nervious, but mom kept pushing the kid to get closer. There's gotta be so many close calls like that where people don't realize that national parks are not zoos, and the animals will absolutely fuck you up. Hell, animals in zoos will fuck you up too, that's why they tell you to stay away from the fence.
Last month, the NPS put out warnings following a string of human encounters with Yellowstone wildlife that were going viral on social media.
In one video posted in May, a woman was seen getting close to a bison and taking a selfie, which park officials said was dangerous given the animal's unpredictable movements and actions. The agency noted that bison can run three times faster than humans.
Taking a selfie with a bison is one of the dumbest things a person can ever do lol.
It’s not immediately clear if any parents were in the home at the time of the shooting.
I guess it tracks that if they left a toddler and a baby in the house alone, they’d also be irresponsible enough to leave a weapon just sitting out unsecured and loaded. What a tragedy.
““The bubble of hot air that has inflated over southern Europe has turned Italy and surrounding countries into a giant pizza oven,” she said in a statement Monday”
That’s kind of a hilarious way to say that it’s hot. Italy is one big pizza oven.
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