Report: Insurance companies may cancel up to 39 million homeowner policies due to climate risks

“The report shows that actuarially sound pricing is going to make it unaffordable to live in certain places as climate impacts emerge,” said David Russell, a professor of insurance and finance at California State University Northridge. He did not contribute to the report. “It’s startling and it’s very well documented.”

https://flux.community/tik-root/2023/09/report-insurance-companies-may-cancel-up-to-39-million-homeowner-policies-due-to-climate-risks/

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