You Can Follow the Sunny or the Money, Honey

“One senses that the climate crisis is not only threatening to destroy property, but is also challenging the confidence of both the insurers and the insured, perhaps providing a hint at fault lines in the economic system.” In fact, economic dangers go hand in hand with climate dangers. Here in California, we’re already seeing insurance companies flee or move customers to much higher-priced and less secure plans. I’ve said it many times. If you want to know how real the threat of climate change is, just follow the re-insurance companies. Aeon: The insurance catastrophe.

+ The sea is higher than we thought and millions more are at risk, study finds.