Strange as it might sound, this part of the business community might be more effective at slowing climate change than our federal government. Aside for higher costs for flood insurance, I foresee exclusions for rebuilding in flood-prone areas. In other words, you would be compensated by your flood insurance only if you rebuilt/ purchased elsewhere.
Author: Stephen Fielding Images
I'm a retired medical sociologist from the University of Rochester. Climate change is one of the two great challenges facing humanity (the other is nuclear weapons). In writing about the impact of climate change I read reputable books and articles on the topic. So when I make statements about climate change you will see a link taking you to the scientific source(s) of the information I provide.
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One thought on “A Progressive Insurance industry?”
This is an interesting idea. Something has to be done about climate change, and some organization with financial skin in the game.