In the wake of record catastrophic weather events, bigger, more expensive homes, and aging infrastructure, insurance companies are changing their approach to home insurance. (moneysense.ca)
Finally, an insurance company may raise the rates in a state where they have recently lost money in paying numerous claims following catastrophic weather events. (carinsurance101.com)
Third, climate disruption inevitably results in catastrophic weather events that occur more frequently, are more intense, and last longer. (ehn.org)