Author: mikedemko
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Insurance Companies are leaving California and Florida—Is your state next?
Decisions by two major insurers to stop offering new homeowner’s policies in California highlight the growing portion of America that’s becoming close to uninsurable. Why it matters: The threat of climate change-related disasters is a large factor driving up consumer costs and putting insurers out of business in parts of California, Florida, Louisiana and elsewhere. Driving the news: The recent moves…