Nine thoughts on the NYT article about climate risk, insurance, and eroding home values
"They won’t insure you. No one will buy from you. You’re kind of stuck where you are.”
"They won’t insure you. No one will buy from you. You’re kind of stuck where you are.”
my "We are not yet in imminent danger of widespread and systemic insurance market collapse" t-shirt has people asking a lot of questions already answered by my t-shirt
"Right now [California insurer of last resort FAIR] is facing $340bn in exposure against just $250m in cash, so a single $8bn fire around Lake Arrowhead would wipe it out" yikes