- cross-posted to:
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- cross-posted to:
- [email protected]
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Paywalled.
For those curious, the state is California.
The thumbnail image already made me think that was the one. :)
Climate change is catching up. We’ve just had two mild summers after the worst two decades in wild fire history. We’re in an El nino cycle that will likely sustain until maybe 26, 27? if it’s comparable to the cycle we had in the mid 90s. We should see fewer fires but more fuel accumulation. Then we’ll eventually enter into a la Nina phase, and experience the consequences of that period.
People like to throw the insurance companies under the bus here, and rightfully so, they’re vile and should be apologized for. But what insurance companies are not is bad at math.
California’s regulated market doesn’t support the risk, and knowing mortgage rates, the average value of homes, and the limits on rate increases, the risk is increasing at a rate of at least 3% per year.
Because of this more and more people are ending up on the FAIR plan or the non admitted market. What many probably don’t realize is that the risk pool associated with the highest risk customers is actually borne by the admitted marketplace.
We literally had to adjust the y axis on our graphs last year in Canada due to the wildfires… We beat our old record… By triple.
Repeat after me: “America is a first-world nation”. Say that often enough and you might start to believe it!
And you base this on home insurance?
I seriously doubt he is someone who loved the country and then this changed his mind. This is just a drop in the bucket of shit that is this country.
Loved… past tense? If I did not care at all, why would I keep talking about it? I daily try to help others here in this country that has such great people in it, even though I, like anyone else, do get frustrated sometimes:-(.
For DECADES people have been warning that Climate Change was coming, but they were ignored, cancelled from being allowed to speak, and now this phenomena will literally kill a certain proportion of the people on the planet. And we do nothing - in fact we pull out of agreements that would have helped mitigate the effects.
You are free to think and do and say whatever you please. But you are wrong… although not entirely, b/c I once did love this country, while now… I do not love all of it. Especially the bucket of shit part:-D.
People laughed at Al Gore 25 years ago. 😞
They’re probably still laughing now. Hahaha “the needless deaths of millions - possibly billions of people across the globe is something that I find funny for some reason, tee-hee-hee”.
Yes, I always base my entire life philosophy on a single aspect of one article that crosses my path. What other way could there possibly be to exist?
Do you think insurance companies are going to be willing to insure other people in other countries in climate disaster zones?
I don’t think America is a shining city on a hill, but this is a global issue.
Mine was not a well-thought-out and prepared post, just an off-the-cuff comment that expressed my knee-jerk reaction.
To help break it down into its components:
- I do not blame those insurance companies
- I do blame the government for outright lying to people for literally decades that this is even happening
- regardless of who caused it, this is one more notch edging us further along the late-stage capitalism spectrum
- I worry that America is undergoing a long-term genocidal campaign of its own
A relevant article is https://www.politico.com/news/2024/01/12/trump-second-term-climate-science-2024-00132289, explaining how Trump believes that he was soft on the climate change issue before and now promises to go to war against “climate change”. Oh wait no, my bad, the actual sentence is against “climate change scientists”. He reiterates that it is fake, that it is caused by liberals (wait but didn’t you just say that it was…?) with their “wind farms”, and that one of the chief reasons that he even wants to become dictator for a day is so that he could then “drill, drill, drill”. And since he is currently winning against his primary challengers, this is not merely some voice in the wilderness somewhere, but an actual forerunner of things yet to come, when people refuse to vote for Biden b/c of supporting Israel or b/c of the Hunter situation or whatever reason.
Insurance companies are simply reacting to the changes, but there are forces that are driving some of the things that we are seeing happening, in that even if a large portion of it is out of their control, they at least manage our response to those.
Indeed, other nations - actual first-world ones - are doing things to combat the changes that are occurring globally, rather than doubling down on the side of attempting to care yet still less than we already do.
Edit: and btw thank you 1000% percent for politely and respectfully asking what it was that I meant, rather than jumping full-bore to the most extreme and insane possibility that you could manage to think of and then use that strawman as a justification to attempt to ridicule me. I know that seems like a bare minimum to the likes of you and I, but in social media it sadly is of the most extreme rarity - like if this were a game’s loot drop, then such a question would be beyond “uncommon”, beyond even “rare”, and outright “legendary”:-).
If all you see in this is “America bad”, you’re not really paying enough attention.
So… all the countries in the world that are not first-world nations are “bad” in your eyes? Interesting…
I have no idea what point you’re making here. America could be some kind of super-fantastic utopia and there’d still be wildfires in California, because that’s just the sort of climate and terrain that much of California has. Conversely, there could be some utter craphole of a country that happens to be located in a place with a nice stable climate and no natural disasters to speak of.
This insurance trouble is not related to the “first worldness” of the country. It’s just about people building in places that are turning out to not be economically sustainable to keep building in due to changing conditions.
What an amazingly inept attempt to turn around your own claim on someone else to avoid their actual point.
