Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

dutch777

(3,069 posts)

9. There will certainly be a shift to less vulnerable locales. Some may be able to "armor' themselves but will take time.

Reply to NickB79 (Reply #7)

Fri Mar 29, 2024, 07:41 PM

Mar 29

I watch the insurers as the canaries in this particular coal mine. And as you note, few if any governments can fund a real fix, maybe put up a dike for a bit, but I too believe those will be band aids at best.

Edit history

Please sign in to view edit histories.

9 replies

= new reply since forum marked as read

Highlight:

Property insurance affordability crisis-- where does it end? [View all] dutch777 Mar 28 OP

I just heard an interview on Fresh Air about FAIR insurance RSherman Mar 28 #1

CItizens Insurance, the state back FL insurance company is being investigated by congress flamingdem Mar 28 #4

It could lead to a lot of unanticipated migration. The FL insurance example last I read though is proving insolvent. dutch777 Mar 28 #5

I am waiting on a fire sale on a small bungalow cachukis Mar 28 #2

We won't have long to wait for a partial answer I'm afraid. The next big one to hit Florida might wipe brewens Mar 28 #3

Wonder when the west coast insurers will realize that carrying earthquake insurance will sooner or later bankrupt them. dutch777 Mar 28 #6

You aren't going to like the answer NickB79 Mar 28 #7

This is my concern RSherman Mar 28 #8

There will certainly be a shift to less vulnerable locales. Some may be able to "armor' themselves but will take time. dutch777 Mar 29 #9