"In #Florida, Farmers stopped offering new #auto, #home and umbrella policies and said coverage for existing policyholders would not be renewed upon expiration. Though the state has been mired in a property #insurance crisis that companies and Florida politicians blame on costly legal disputes and litigation, Farmers did not cite those issues in its decision. Instead, it blamed the growing costs of #NaturalDisasters and construction."
#ClimateChange #ExtremeWeather
https://www.washingtonpost.com/climate-environment/2023/07/12/farmers-insurance-leaves-florida/?pwapi_token=eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJzdWJpZCI6IjIyMTE0ODA3IiwicmVhc29uIjoiZ2lmdCIsIm5iZiI6MTY4OTIyMDgwMCwiaXNzIjoic3Vic2NyaXB0aW9ucyIsImV4cCI6MTY5MDUxNjc5OSwiaWF0IjoxNjg5MjIwODAwLCJqdGkiOiJjOWIzNTJhYy04OTc2LTRkZWYtYWU2Yy1kMjJjMDU1YTZkOTgiLCJ1cmwiOiJodHRwczovL3d3dy53YXNoaW5ndG9ucG9zdC5jb20vY2xpbWF0ZS1lbnZpcm9ubWVudC8yMDIzLzA3LzEyL2Zhcm1lcnMtaW5zdXJhbmNlLWxlYXZlcy1mbG9yaWRhLyJ9.IHfHUp3rUmqKaFQV4z462jrHDD_SUigSckvcNo7gIiw