jeffw@lemmy.worldM to

News@lemmy.world · 3 months ago

The California fires could scorch the state's broken insurance market

www.motherjones.com

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The California fires could scorch the state's broken insurance market

www.motherjones.com

jeffw@lemmy.worldM to

News@lemmy.world · 3 months ago

"It's very likely that we will see losses that exceed the existing reserves."

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comador @lemmy.world
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3 months ago
Nope, just let every single insurance company go under.

No bailouts, no assistance, just kill the entire insurance industry please.
- FlowVoid@lemmy.world
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  3 months ago
  Home insurers aren’t going under. They are simply going to leave California.
  - ByteJunk@lemmy.world
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    3 months ago
    Isn’t that what they did Florida? At this pace, they’ll run out of states to leave soon enough…

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