this post was submitted on 15 Jul 2023
83 points (100.0% liked)

News

13 readers
2 users here now

Breaking news and current events worldwide.

founded 2 years ago
 

More insurance companies are fleeing the state because of the growing threat from natural disasters.

you are viewing a single comment's thread
view the rest of the comments
[–] JWBananas@kbin.social 2 points 2 years ago

What about New Orleans or locations prone to extreme storms or hurricanes?

It has already been happening in New Orleans for years now. There are very few insurers left.