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no_hypocrisy

(55,839 posts)

7. I wouldn't own and live on property that couldn't be

Reply to NickB79 (Original post)

Tue Aug 12, 2025, 07:03 AM

Aug 2025

protected by flood insurance if it was located where hurricanes visit.

And the South Shore of Long Island (i.e., The Hamptons) should take note that their eight-figure homes could be rendered worthless with one good hurricane one day.

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Why insurers worry the world could soon become uninsurable [View all] NickB79 Aug 2025 OP

insurance is greed hog racket nt msongs Aug 2025 #1

I'd like to correct that title drmeow Aug 2025 #2

The problem is that 80% of the population lives in those uninsurable areas NickB79 Aug 2025 #12

That doesn't change my point drmeow Aug 2025 #14

Except Florida isn't limiting their profits and companies are pulling out EdmondDantes_ Aug 2025 #16

Kim Stanley Robinson... druidity33 Aug 2025 #3

Such an excellent book. TommyT139 Aug 2025 #4

I was conflating... druidity33 Aug 2025 #8

I have to read his others TommyT139 Aug 2025 #9

All insurers are looking at trouble IMO. BadgerKid Aug 2025 #5

it isn't INSURANCE they are worried about Skittles Aug 2025 #6

How do you envision insurance working if not profitable? NickB79 Aug 2025 #11

they make EXCESS PROFITS Skittles Aug 2025 #15

You aren't grasping the size of the climate change catastrophe coming our way NickB79 Aug 2025 #17

LOL, I LIVE IN TEXAS Skittles Aug 2025 #18

I wouldn't own and live on property that couldn't be no_hypocrisy Aug 2025 #7

Costs too high to even afford your admin/CEO, yeah we believe that! Brainfodder Aug 2025 #10

Insurers worried they'll only be able to make modest to good profits instead of obscene profits Prairie Gates Aug 2025 #13