37
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 14 Sep 2023
37 points (100.0% liked)
Climate - truthful information about climate, related activism and politics.
5177 readers
597 users here now
Discussion of climate, how it is changing, activism around that, the politics, and the energy systems change we need in order to stabilize things.
As a starting point, the burning of fossil fuels, and to a lesser extent deforestation and release of methane are responsible for the warming in recent decades:
How much each change to the atmosphere has warmed the world:
Recommended actions to cut greenhouse gas emissions in the near future:
Anti-science, inactivism, and unsupported conspiracy theories are not ok here.
founded 1 year ago
MODERATORS
What are insurers supposed to do when the risk of a large area has changed?
Idk, but pulling out to leave their customers completely fucked probably isn’t the right answer. At that point, the rest of us pay the “insurance” through disaster relief, and we might as well just cover insurance with taxes nationally. Cut out the middle man and their cash grab entirely.
If they can’t figure out a solution that works, and keeps everyone covered, they simply shouldn’t exist since they aren’t providing the service they claim to.
I'm not sure there is much option - a bunch of risk which was once statistically independent isn't now, and therefore isn't the kind of thing where insurance can be financially offered at a low price. We're going to see either insurers stopping sales or much higher prices.
Ok, but again, then it should be nationalized and just paid as part of property tax, or a tax paid mostly by the rich who caused this problem in the first place, instead of generating profits for a company who exists for the sole purpose of generating profits by not paying out when stuff happens.