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- anji ( @anji@lemmy.anji.nl ) 3•11 months ago
Having visited San Francisco often, I can attest to many incidents of “catastrophic exposure”
- alyaza [they/she] ( @alyaza@beehaw.org ) English3•11 months ago
this is also happening in Florida, but with water instead of fire–there are basically no insurers willing to take the risk of losing $30 billion a year down there and so the state is leaning increasingly hard on artificial boosts to the insurance economy and the state insurer of last resort