🌪️💸 Breaking news: People can't read about why they can't afford insurance! Instead of learning how disaster-prone cities are becoming unaffordable, you're stuck with a "Permission Denied" error. Clearly, the true disaster is navigating this website. 🔒🚫
https://www.accuweather.com/en/weather-news/homeowners-insurance-is-pricing-people-out-in-disaster-prone-cities/1813821 #insurancecrisis #websiteissues #disasterpreparedness #techfailures #accessdenied #HackerNews #ngated
🌪️💰 20 years after Hurricane Katrina, insurers still back fossil fuels—despite rising climate risks. A new report urges cutting ties to protect communities & the planet. Time to learn from the storm. 🌍⛔
Read more: https://www.ciel.org/storms-insurance-fossil-fuels-katrina-lessons/?utm_source=mastodon&utm_medium=social&utm_campaign=fedica-Autoposting
#ClimateJustice #KatrinaLessons #InsuranceCrisis
Storms, Insurance, and Fossil Fuels: What Katrina Taught Us - Center for International Environmental Law

Katrina exposed storms, insurance failures, and fossil fuel risks — Louisiana’s choices now shape its future in the climate crisis.

Center for International Environmental Law
Same, I now pay more than half each month for insurance what I used to pay in mortgage each month!t. May have to become self - insured. No wonder people can’t afford to buy a home. #insurancecrisis
https://urbanists.social/@MartyCormack/115108663641412070
Marty Cormack (@[email protected])

Holy buckets! If you don't want to pay the cost to avoid the #ClimateCrisis then think again! You are already paying the much higher cost of society DOING NOTHING! I just got the renewal notice on my homeowners insurance and it is increasing by 35% year to year! And I live in a townhome and only have to insure from the studs in, and it is A LOT more than what I used to pay for my much larger single family home. It won't be long until homeowners insurance is no longer affordable/available.

Urbanists.Social

@jeridansky The actuarial data is probably a perfect match for AI: “identify and categorize losses in area X not specifically weather or water related, categorize according to difficulty of remediation”

… and voila, you have causes of loss that are difficult/expensive to remediate, for which the insurer could credibly cancel your coverage.
#ClimateChange #insurancecrisis

Insurance companies sit on sidelines eating popcorn watching the judicial system get demolished.

Their best hope for weaseling out of #climate driven insurance claims.

#InsuranceCrisis #insurance #economy

https://www.yahoo.com/news/finance/news/powell-predicts-a-time-when-mortgages-will-be-impossible-to-get-in-parts-of-us-190820841.html

Powell predicts a time when mortgages will be impossible to get in parts of US

A growing property insurance crisis may make it hard to get a mortgage in parts of the country in the coming decades, Federal Reserve Chairman Jerome Powell ...

Yahoo Finance

@houstonpublicmedia

Would have been nice if the article called out the very clear linkage of the increase in #ExtremeWeather to #ClimateCrisis.

I fear those most vulnerable to the #InsuranceCrisis are also less likely to be aware of the impacts of #ClimateChange. And so will continue to vote for people and policies that aggravate the climate crisis

Our insurance is wanting 1000 USD for a month of temporary insurance for until we get the bus we are going to slowly convert into rv that we are going to end up living in out of NJ as NJ requires insurance to drive on public roads unlike Colorado and we can't afford to keep living in rented spaces and need help raising money and we can't fully get the bus until we have insurance for it

The 1000 usd requirement is the insurance way of saying fuck you btw

0/1000

https://www.paypal.me/inaraclocks

#transinneed #fuckinsurance #BegPost #newjersey #insurancecrisis

Aevum Alastor Geld mit PayPal.Me senden

Folgen Sie dem Link PayPal.Me/inaraclocks und geben Sie den Betrag ein. Es ist bequem und sicher. Sie haben noch kein PayPal-Konto? Kein Problem.

PayPal.Me
‘Kitty cat’ storms hitting US heartland are growing threat to home insurance

Smaller secondary systems that create hailstorms and tornadoes pack a punch that is causing billions of dollars in damages

The Guardian
I’m anxious to hear anyone’s story about homeowners insurance cancellations in California. Anyone have experience with The Fair Plan?
Actually any related stories from any state about climate related insurance cancellation are welcome.
#theFairplan #insurancecrisis #climatecrisis