1 minute ago
Rising Chaos in California: Wildfires, Insurance Woes, and Climate Reflections
Latimes.com
- California wildfires cause billion-dollar damages, impacting fire insurance availability.
- Pacific Palisades wealthy homes struggle to get fire insurance due to rising climate risks.
- Insurers deny coverage for fire-zone concrete homes, questioning risk assessment models.
- Global climate forums see insurance theories faltering in real-world applications.
- Nations at Cop28 propose insurance for climate damages, tested by California's experience.
- Rich nations' reliance on insurance criticized amid poor countries' climate challenges.
- Calls grow for large polluters to fund global climate damages as insurance solutions falter.
Vote 1