Since 1980, there have been 395 weather disasters in the US, with total damages over $1 billion.
These disasters have cost $2.77 trillion in total and killed 16,500 people.
Don't tell me we "can't afford" to address the climate crisis.
The truth is we can’t afford not to.
Republican fossil fuel donors have spent over a decade conducting an over-consolidation of the property insurance industry to monetize the climate catastrophe they made.
Through mergers & acquisitions they've created a near monopoly of captive insurers.
Profits before people. The people of California, North Carolina & Florida are already finding it hard to afford property insurance.
https://jacobin.com/2022/02/california-wildfires-home-insurance-coverage-fossil-fuel-industry
https://www.universityofcalifornia.edu/news/heres-why-you-cant-get-home-insurance-california
That's what monopolies do, price gouge.
Robert Reich
Nicole Parsons
CassandraVert