The Ongoing Spread of the Insurance Crisis: Is Your State Vulnerable?

Tuesday, 2 July 2024, 13:15
The insurance crisis that originated in Florida and California is now spreading to other states, causing insurers to retreat due to floods and fires, leading to a surge in premiums. As this climate crisis intensifies, more states are likely to be exposed to the risks and challenges posed by the escalating insurance crisis.
CNBC
The Ongoing Spread of the Insurance Crisis: Is Your State Vulnerable?

Insurance Crisis Overview

The insurance crisis, originating in states like Florida and California, is expanding to other regions.

Rising Premiums

Insurers are hiking premiums in response to increased risks from floods and fires.

State Vulnerability

  • More states are at risk of facing similar challenges as insurers withdraw from high-risk areas.

Prepare for potential implications on your state's insurance market.

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