Allstate has joined State Farm in refusing to issue new homeowners insurance.
Do you realize the economic consequences of this threat of climate change? New homeowners will be unlikely to get new mortgages without insurance, and the costs will skyrocket.
Climate changes are going to have economic consequences far exceeding what traditional economists ever predicted.
https://www.sfchronicle.com/california/article/insurance-allstate-fires-18130622.php
@petergleick @adrianco Bluntly put: Insurance companies are the reason there are a whole bunch of safety rules around things like fire and smoke alarms. If you want to change people’s behavior across the political spectrum, don’t start with the government policy, start with the insurance.
They don’t have a political stance on the policies they issue. It’s all about the numbers and if it gets too expensive, they’re out.
How about requiring liablity insurance on all guns. When they go to buy munitions require the insurance card.
@GatekeepKen @erik @petergleick @adrianco
That would require repealing or changing the 2nd Amendment.
@Bandersnatch @erik @petergleick @adrianco
I doubt it...Just an amendment . Start it in the Senate.
@Bandersnatch @erik @petergleick @adrianco
The only hope is a larger majority in the Senate and control again of the house. All possible.
Peter Gleick
Erik Ableson
GATEKEEPER
Bandersnatch